U.S.Forfeits 127,271 Bitcoins from Cambodian Scam Operation
On October 14, 2025, the Department of Justice announced the forfeiture of 127,271 bitcoins from Chen Zhi, the leader of the Prince Group, a Cambodian-based criminal association. This action is the largest forfeiture in the DOJ’s history.
attorney General Pamela Bondi and Deputy Attorney General Todd Blanche stated that the U.S. will use all available tools to protect victims and recover stolen assets. Before this forfeiture,Arkham Intelligence estimated the U.S. held around 198,000 bitcoins based on on-chain data.
Following the proclamation, some crypto influencers claimed the U.S. now holds 325,000 or 327,000 BTC. However, these claims may not be accurate. The correct figure, according to Arkham Intelligence, is 325,447 bitcoins.
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