In a grand performance of modern justice, the U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to seize 127,000 BTC ($14.2 billion), a sum so vast it could buy enough sausages to feed every pig in China… twice. 🐖💸
This digital treasure trove is allegedly tied to LuBian and Cambodia’s own “Prince” of fraud, Chen Zhi, chairman of Prince Group-a title now as ironic as a used car salesman weeping at your doorstep. 🏰🎭
Record $14B Bitcoin Seizure
Arkham, via X, revealed Zhi’s side hustle in human-trafficking and pig-butchering schemes-where victims are seduced by fake romances only to be fleeced by phony crypto platforms. A masterclass in emotional manipulation, followed by a cold exit. 🎭💸
Prince Group’s scams have left victims worldwide clutching empty wallets and broken hearts, while Zhi remains at large, presumably still sipping champagne on a yacht he bought with ill-gotten gains. 🛥️🍾
Meanwhile, LuBian, once a mining giant with facilities in China and Iran, now languishes in infamy after a $3.5B heist in 2020. The DOJ claims it was funded by the same “charitable” schemes-because nothing says “philanthropy” like stealing dreams. 💳💥
Blockchain analysts confirm the stolen BTC is now in U.S. custody, swelling the government’s crypto reserves like a gold rush for the 21st century. One can only imagine the Treasury’s excitement: “Another day, another billion!” 🏦🚀
DOJ Filing Sparks Questions Over Forfeited Bitcoin
The DOJ’s filing is as clear as mud, leaving us to wonder: Did they hack the keys? Did Zhi surrender them with a wink? Or was the 2020 heist a covert CIA op? The mystery deepens. 🔍🕵️♂️
ZachXBT, an on-chain sleuth, noted the seized wallets were flagged years ago for exposed keys. The DOJ now claims control, implying either a third-party hack or a government operation so stealthy it deserves an Oscar. 🎬🔐
The filing also mentions cryptic Bitcoin movements in 2024 and a finance staff member fleeing with funds-perhaps the real villain of the piece? Or just someone who finally got fed up with Zhi’s antics? 🏃♂️💼
Read More
- Gold Rate Forecast
- Silver Rate Forecast
- Brent Oil Forecast
- Square Bets on Bitcoin: A Tiny Shop’s Grand Wallet Scheme
- Scandal and Speculation! Trump’s Blue Chip Folly Sends Cronos Tumbling and Tumultuous
- 🚀 Barry Silbert’s Crypto-AI Love Child: Yuma is Here! 🌪️
- U.S. Justice Dept.’s Cryptocurrency Heist: $12 Billion in Bitcoin Gone Wild 🕵️♂️💸
- US and UK Team Up to Blow Up Southeast Asian Crypto Scams: The Crypto Crime Comedy
- The Enigmatic Dance of XRP’s Price
- Why Did This Useless Coin Shoo-Too 22% in a Day? The Real Reasons (Spoiler: It’s Not Magic)
2025-10-19 22:30