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the us justice department seized 127,271 bitcoin — about $15 billion — from the prince holding group's huione pig-butchering operation, which recruited victims through dating apps and messaging platforms between 2018 and 2025 and laundered funds through huione pay and related guarantee services. officials noted the actual economic flow ran several times larger than the seized amount. the scale makes it one of the largest crypto seizures on record and points to laundering infrastructure operating at near-state scale.

us law enforcement

#crypto-seizure#pig-butchering#money-laundering#huione
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E160· 30 JUL 2026
a research project by Aamir Hussain terms