US Seizes $14 BILLION in Bitcoin From Chinese Scammer; Adds to Strategic Reserve Description: In a massive law enforcement action, the U.S. government is seizing 127,271 Bitcoin (worth over $14.2 billion) from a transnational criminal organization led by Chinese national Chen Zhi. This Bitcoin was generated through a vast and brutal “pig butchering” scam network in Cambodia that involved investment fraud and human trafficking. In collaboration with the UK, the US has also sanctioned 146 individuals and entities tied to the criminal enterprise. Under President Trump’s Executive Order, this massive haul is set to be added to the U.S. Strategic Bitcoin Reserve, a move with profound implications for national asset strategy. Hashtags: #Bitcoin #NationalSecurity #CryptoNews #AssetForfeiture
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