Skip to content
The Nexus
SECURITYMay 28 · 18:31 UTCFOX NEWS

FBI seizes record-setting $8 billion in cryptocurrency amid intercontinental 'scam compound' crackdown

The FBI seized $8 billion in cryptocurrency during a global crackdown on scam compounds linked to the Democratic Karen Benevolent Army and Chinese organized crime. The operation, involving raids in Cambodia, Thailand, and Dubai, led to the arrest of hundreds and the confiscation of 127,000 bitcoin from Chen Zhi, CEO of Prince Holding Group.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting