
14 Oct 2025
DOJ Seizes $15B in Bitcoin from Prince Holding Group Founder Chen Zhi in Massive Crypto Fraud Bust
The U.S. Department of Justice (DOJ) has seized more than $15 billion in Bitcoin linked to one of the largest cryptocurrency fraud operations in history — a global “pig butchering” scam allegedly orchestrated by Chen “Vincent” Zhi, the founder of Prince Holding Group. According to federal prosecutors in Brooklyn, Chen operated a criminal empire stretching