The post U.S. Seizes $15 Billion In Bitcoin, Sanctions Cambodia’s Prince Group In Global Crypto ‘Scam’ Crackdown appeared on BitcoinEthereumNews.com. Topline The Department of Justice seized roughly $15 billion in bitcoin tied to what it called a vast “pig butchering” scam based in Cambodia—a record-setting forfeiture— as the Treasury Department simultaneously labeled the Cambodia-based Prince Group business a transnational criminal organization PARIS, FRANCE – NOVEMBER 12: In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display on November 12, 2024 in Paris, France. (Photo illustration by Chesnot/Getty Images) Getty Images Key Facts This is developing breaking news story. Source: https://www.forbes.com/sites/martinacastellanos/2025/10/14/us-seizes-15-billion-in-bitcoin-sanctions-cambodias-prince-group-in-global-crypto-scam-crackdown/The post U.S. Seizes $15 Billion In Bitcoin, Sanctions Cambodia’s Prince Group In Global Crypto ‘Scam’ Crackdown appeared on BitcoinEthereumNews.com. Topline The Department of Justice seized roughly $15 billion in bitcoin tied to what it called a vast “pig butchering” scam based in Cambodia—a record-setting forfeiture— as the Treasury Department simultaneously labeled the Cambodia-based Prince Group business a transnational criminal organization PARIS, FRANCE – NOVEMBER 12: In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display on November 12, 2024 in Paris, France. (Photo illustration by Chesnot/Getty Images) Getty Images Key Facts This is developing breaking news story. Source: https://www.forbes.com/sites/martinacastellanos/2025/10/14/us-seizes-15-billion-in-bitcoin-sanctions-cambodias-prince-group-in-global-crypto-scam-crackdown/

U.S. Seizes $15 Billion In Bitcoin, Sanctions Cambodia’s Prince Group In Global Crypto ‘Scam’ Crackdown

2025/10/15 05:50
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Topline

The Department of Justice seized roughly $15 billion in bitcoin tied to what it called a vast “pig butchering” scam based in Cambodia—a record-setting forfeiture— as the Treasury Department simultaneously labeled the Cambodia-based Prince Group business a transnational criminal organization

PARIS, FRANCE – NOVEMBER 12: In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display on November 12, 2024 in Paris, France. (Photo illustration by Chesnot/Getty Images)

Getty Images

Key Facts

This is developing breaking news story.

Source: https://www.forbes.com/sites/martinacastellanos/2025/10/14/us-seizes-15-billion-in-bitcoin-sanctions-cambodias-prince-group-in-global-crypto-scam-crackdown/

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