US Charges Cambodian Executive in Massive Crypto Scam and Seizes More Than $14 Billion in Bitcoin

US Charges Cambodian Executive in Massive Crypto Scam and Seizes More Than $14 Billion in Bitcoin

The U.S. government has seized more than $14 billion in bitcoin and charged the founder of a Cambodian conglomerate in a massive cryptocurrency scam, accusing him and unnamed co-conspirators of exploiting forced labor to dupe would-be investors and using the proceeds to purchase yachts, jets and a Picasso painting. In an indictment unsealed Tuesday, Brooklyn […]

Source: https://www.securityweek.com/us-charges-cambodian-executive-in-massive-crypto-scam-and-seizes-more-than-14-billion-in-bitcoin/


 

READ from source