The Justice Department filed its largest-ever forfeiture suit on Tuesday to seize more than $14 billion in Bitcoin (CRYPTO: BTC) tied to a global “pig butchering scam.”

DOJ Files To Seize Illegal BTC Proceeds

The indictment charged Cambodian-based business tycoon Chen Zhi of running a transnational criminal network that carried out large cryptocurrency investment scams across the U.S. and other countries. Zhi was yet to be caught as of this writing.

The DOJ alleged that Zhi ran scam compounds across Cambodia, where individuals held against their will defrauded victims through “pig butchering” schemes.

The scheme involves scammers contacting victims through dating apps and social media….

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