[HN Gopher] U.S. Sanctions Cambodian Conglomerate, Citing Role i...
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U.S. Sanctions Cambodian Conglomerate, Citing Role in 'Pig-
Butchering' Scams
Author : paulpauper
Score : 44 points
Date : 2025-10-14 20:28 UTC (2 hours ago)
(HTM) web link (www.wsj.com)
(TXT) w3m dump (www.wsj.com)
| Dachande663 wrote:
| https://archive.is/2025.10.14-150019/https://www.wsj.com/bus...
| kenjackson wrote:
| From this article they got $15B
| (https://www.cnbc.com/2025/10/14/bitcoin-doj-chen-zhi-pig-
| but...). At what point do you say, "That's enough money?" Did
| they think the scam was going to go on forever?
| mothballed wrote:
| I'm not sure if one can merely walk away from a criminal
| enterprise of that size. As soon as you stop paying certain
| people you end up in a cage, and unless the stream of money is
| constant there is no reason to just not reneg on all prior
| agreements and go in a cage for stuff you already paid
| authorities off for.
| Wingman4l7 wrote:
| Long overdue. At some point, these scam operations are so large
| that they have to be operating with tacit approval of their host
| countries, who have been given no incentive to stop the virtual
| cold war against the personal finances of foreign citizenry that
| is bringing in millions of dollars into their economy.
| Animats wrote:
| DOJ press release.[1] DOJ claims custody of US$15 billion in
| Bitcoin. "Largest forfeiture action in the history of the
| Department of Justice."
|
| [1] https://www.justice.gov/opa/pr/chairman-prince-group-
| indicte...
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(page generated 2025-10-14 23:00 UTC)