U.S. Cracks Down on Billion-Dollar Cambodian Crypto Scam Fueled by Forced Labor

In a landmark move demonstrating America’s resolve to protect its financial system and citizens, federal prosecutors have charged Chen Zhi, chairman of Cambodia’s Prince Holding Group, in connection with a massive cryptocurrency scam that defrauded investors of billions, including Americans. Alongside the unprecedented seizure of more than $14 billion in bitcoin, U.S. authorities have labeled Chen’s operation a transnational criminal organization — a fitting description for a sprawling empire built on deception, forced labor, and brazen corruption. What Does This Mean for American Security and Economic Sovereignty? Chen’s scheme, described as one of the largest investment frauds in history, exploited...