The US OFAC seeks to confiscate over 120,000 BTC linked to an international "pig-butchering" scam.

Jinse Finance reported that the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed comprehensive sanctions on 146 targets within the "Prince Group Transnational Criminal Organization" (Prince Group TCO). This organization, based in Cambodia and led by Cambodian national CHEN ZHI, operates a transnational criminal empire through online investment scams targeting Americans and others globally. In addition, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) has removed the Cambodia-based financial services group "Huione Group" from the U.S. financial system. For years, Huione Group has laundered proceeds from virtual currency scams and thefts for malicious cyber actors. According to the U.S. District Court for the Eastern District of New York (EDNY), OFAC seeks to confiscate 127,271 bitcoins (approximately 12 billions USD).