The US authorities have charged Cambodian businessman Chen Zhi, chairman of Prince Holding Group, for allegedly running one of the largest cryptocurrency fraud operations in history. The Justice Department seized over 127,000 bitcoins--worth about $15 billion--and imposed sweeping sanctions and asset freezes targeting Chen's vast business network in multiple countries. US Indicts Chen Zhi OverThe post US Seizes $15B in Bitcoin, Charges Cambodian Tycoon in Crypto Fraud Case appeared first on BeInCrypto.