MarketPR
Roughly 127,000 Bitcoin (BTC), valued at approximately $15 billion at the time of seizure, now sits in federal hands after Operation Zephyr Exodus, the FBI's takedown of Cambodia-based Prince Holding Group.
The Bureau called it the largest forfeiture in U.S. history and also secured a federal indictment of the organization's chief executive for wire fraud and money laundering conspiracy.
The next question the tape will ask: who handles the Bitcoin, and when. The financing mechanism Prince Holding Group shows how these compounds are actually funded.
Criminal operators ran physical fraud centers, collected proceeds including cryptocurrency, and recycled those funds to sustain both the network and its leadership.
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