X @Wu Blockchain
Wu Blockchainยท2025-10-17 11:59
Crypto Seizure & Law Enforcement - U S Government seized approximately 127,000 BTC, valued at over $15 billion, linked to Chen Zhi [1] - The seizure represents the largest crypto forfeiture to date, highlighting blockchain's role in aiding law enforcement [1] - Authorities traced blockchain transactions and exploited key generation weaknesses to recover the assets [1] Criminal Activity & Money Laundering - Chen Zhi, leader of Cambodia's Prince Group, is responsible for large-scale crypto scams [1] - Stolen funds were laundered through Bitcoin mining, specifically the Lubian pool [1]