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DOJ seizes $15 billion in bitcoin in pig butchering fraud
The Department of Justice has seized about $15 billion worth of bitcoin held by a man who oversaw a massive “pig butchering” fraud operation based in Cambodia, prosecutors said Tuesday.
The seizure is the largest forfeiture action by the DOJ in history.
An indictment charging the alleged pig butcherer, Chen Zhi, was unsealed Tuesday in federal court in Brooklyn, New York.
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