The DOJ seized $14B worth of BTC in a crackdown against Cambodia-based Prince Group.
U.S. authorities struck the Cambodia-based firm Prince Group as an operator of forced-labor global scam operations. The DOJ took what it said was its largest-ever crypto seizure of 127,271 bitcoin, worth about $14 billion at current value. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
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Bridge simplifies global money movement. As the leading stablecoin issuance and orchestration platform, Bridge abstracts away blockchain complexity so businesses can seamlessly move between fiat and stablecoins. From payroll providers and remittance companies to neobanks and treasury teams, Bridge powers payments, savings, and stablecoin issuance for thousands – like Shopify, Metamask, Remitly, and more.
URL: https://hubs.ly/Q03KGbRK0
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.