U.S. Moves to Seize Record $12B in Bitcoin from Global ‘Pig Butchering’ Scam After Joint Crackdown

A joint crackdown has traced Bitcoin proceeds from pig-butchering fraud to Prince Holding Group networks, seeking 127,000 BTC, while OFAC has sanctioned 146 parties and FinCEN has described billions laundered through shell companies and exchanges across regions.

The post U.S. Moves to Seize Record $12B in Bitcoin from Global ‘Pig Butchering’ Scam After Joint Crackdown appeared first on Cryptonews.