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  • U.S. seizes $15 billion in Bitcoin, sanctions Southeast Asia cybercrime network tied to alleged Cambodian leader

    Cybercrime, News, Policy, Risk
    October 15, 2025

    U.S. authorities announced the seizure of 127,271 Bitcoin (about $15 billion) tied to Chen Zhi and unsealed an indictment alleging he ran the Prince Group, a Cambodia-based network of scam compounds linked to human trafficking and global fraud; coordinated U.S. and U.K. sanctions targeted people, businesses and the Huione Group.

    U.S. seizes $15 billion in Bitcoin, sanctions Southeast Asia cybercrime network tied to alleged Cambodian leader

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