Bitcoin worth $14bn seized in US-UK crackdown on alleged scammers
Source: BBC
Lauren Turner andOsmond ChiaReutersThe US government has seized more than $14bn (£10.5bn) in bitcoin and charged the founder of a Cambodian business empire, Prince Group, with allegedly masterminding a massive cryptocurrency scam.UK and Cambodian national Chen Zhi was charged on Tuesday in New York for allegedly engaging in a wire-fraud conspiracy and running a money laundering scheme.Mr Chen's businesses were…
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