U.S. Forfeits 127,271 Bitcoins from Cambodia-Based Scam
On October 14, 2025, teh Department of Justice announced the forfeiture of 127,271 bitcoins from Chen Zhi, the leader of Prince Group, a criminal institution based in Cambodia. This action is the largest forfeiture in the DOJ’s history.
Attorney General Pamela Bondi and Deputy Attorney General Todd Blanche stated that the U.S.will use all available tools to protect victims and recover stolen assets. Before this forfeiture, arkham Intelligence estimated the U.S. held around 198,000 bitcoins based on-chain
