May 30, 2026
FBI Crypto Seizure Hits Record $8B in Global Scam Crackdown
CrimeRegulationbitcoinChen Zhicrypto fraudcrypto seizurecybercrimefbiIC3 reportsMoney LaunderingOperation Blackoutscam compounds
TLDR: FBI crypto seizure crackdown marks one of the largest crypto forfeitures in US history. Authorities tied 127,000 bitcoin seizure to Prince Holding Group CEO Chen Zhi fraud network. Operation Blackout dismantled scam compounds across Asia and freed nearly 2,000 trafficked workers. IC3 reported 72,000 crypto fraud complaints in 2025 with losses exceeding $7.5 billion [...]
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