Cambodia opens 120-hectare scam park No. 8 tied to Prince Group to media for first time
- —No. 8 Park spans about 120 hectares and housed up to 20,000 people before a February raid
- —Ten on-site merchants received about $393,000 in USDT in January alone
- —The US seeks forfeiture of 127,271 BTC linked to Chen Zhi, worth about $15 billion
- —The State Department imposed visa restrictions on 32 people tied to Prince Group on Sept. 21
Why it matters: The case highlights the scale of crypto-enabled scam operations in Southeast Asia and the largest Bitcoin seizure in US history.
Source: 動區 BlockTempo