Tag Archives: Conglomerate

Cambodian conglomerate founder charged in $14 billion bitcoin fraud case

Cambodian conglomerate founder charged in  billion bitcoin fraud case

NEW YORK (AP) — 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 federal …

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U.S. Sanctions Cambodian Conglomerate, Citing Role in ‘Pig-Butchering’ Scams – The Wall Street Journal

U.S. Sanctions Cambodian Conglomerate, Citing Role in ‘Pig-Butchering’ Scams  The Wall Street Journal Billions in bitcoin seized by DOJ from massive ‘pig butchering’ crypto scam in Cambodia  Fox Business Feds seize $15 billion in crypto from ‘pig butchering’ scheme involving forced labor camps  CNN Bitcoin worth $14bn seized in US-UK crackdown on alleged scammers  BBC US Sanctions Online Scammers Who Stole Billions From US …

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