UK and US Authorities Seize $15B in Bitcoin, Disrupt International Crypto Scam Network
British and American authorities have jointly targeted a massive international crypto scam network involving forced labor and illegal gambling operations. The operation has resulted in the indictment of Prince Holding Group’s founder and the seizure of Bitcoin valued at approximately $15 billion.
International Crackdown on Crypto Fraud Network
According to reports from both governments, the United Kingdom and United States have launched a coordinated operation against a sophisticated Southeast Asian criminal network operating illegal cryptocurrency scams and gambling operations. Sources indicate this represents one of the largest financial fraud takedowns in history, with authorities seizing approximately 127,271 Bitcoin currently valued at around $15 billion.