The FBI has seized more than 127,000 bitcoin, valued at roughly $8 billion at the time of confiscation, and potentially higher, in what the bureau is calling the largest cryptocurrency forfeiture in U.S. government history. The arrest of Chen Zhi, CEO of Cambodian conglomerate Prince Holding Group, anchored an intercontinental enforcement sweep that spanned Southeast … Continue reading FBI Seizes $8B in Crypto in Largest U.S. Forfeiture Ever