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CryptoPatel
FBI seizes 127,000 BTC worth $8B - Largest Crypto Forfeiture in US History
Operation "Blackout" took down scam compounds across Asia, Africa and the Middle East.
๐Ÿ”น 127,000+ $BTC seized (~$8B at current price, reportedly up to $15B at seizure)
๐Ÿ”น Chen Zhi, CEO of Cambodia's Prince Holding Group, arrested
๐Ÿ”น ~300 people arrested across the operation
๐Ÿ”น 275 detained in Dubai (Operation Sand Dollar)
๐Ÿ”น Nearly 2,000 trafficking victims rescued
These compounds ran romance scams and fake crypto investment schemes targeting Americans. IC3 logged nearly 72,000 complaints in 2025, over $7.5B in losses.
Lesson: Bitcoin is NOT anonymous. On-chain trails caught them.
Verify every "investment" before sending a single sat.
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