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

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

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/