SaralnamaCAMPUS NOTICE: $14bn worth of Bitcoin seized in US-UK operation. Chen Zhi, founder of Cambodia's Prince Group, charged with crypto fraud and money laundering. US prosecutors call it one of history's biggest financial takedowns. Chen accused of running scam compounds in Cambodia. UK freezes assets, including 19 London properties. Prince Group sanctioned in US and UK. Chen faces up to 40 years in jail if convicted. Four linked businesses also sanctioned. Scam centers allegedly used forced labor and torture. Authorities warn of industrial-scale scams targeting vulnerable people. (Updated 15 Oct 2025, 17:16 IST; source: link)
Key Points
- CAMPUS NOTICE: $14bn worth of Bitcoin seized in US-UK operation
- Chen Zhi, founder of Cambodia's Prince Group, charged with crypto fraud and money laundering
- US prosecutors call it one of history's biggest financial takedowns