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US seizes $14B in Bitcoin tied to Cambodia’s Prince Group – TON BOT

US seizes $14B in Bitcoin tied to Cambodia’s Prince Group

U.S. prosecutors have charged Cambodia’s Prince Group and its chairman, Chen Zhi, with wire fraud and money laundering. The group was involved in a massive crypto scam empire that exploited victims through human trafficking and money laundering. Chen faces up to 40 years in prison if convicted.


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