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RE: LeoThread 2025-10-19 03-43

in LeoFinancelast month

Part 4/13:

In this case, authorities allege that Chenzzy managed a sprawling operation via Prince Group, running at least 10 forced labor camps across Cambodia. Victims were lured with fake job offers, their passports confiscated, and forced to work 17 hours daily, under threats of torture, to sustain these scams. It’s estimated that this operation was generating about $30 million daily—a staggering figure emphasizing the scale of the fraud.

This seizure strikes a blow not just against a criminal network but also signifies a strategic shift in how the U.S. perceives and manages seized crypto assets.

The Significance of the Seizure: Beyond Crime Fighting