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Crypto Events Canceled in France Amid Spate of Violent Attacks on Holders
Two major crypto events, NFT Paris and RWA Paris 2026, were canceled due to a market downturn and safety concerns following a string of violent physical attacks targeting crypto holders across France, which has seen over 20 such incidents. While organizers cited financial challenges, the atmosphere of fear created by the attacks was a significant underlying factor impacting public participation.
The attacks are part of a global trend of "wrench attacks," where criminals use physical violence and torture to force victims to hand over access to their digital assets. France, in particular, has become a hotspot, with at least 18 recorded cases across the country reported between July 2024 and November 2025 alone.
Key Insights
Growing Physical Threat: The danger in the crypto community has shifted from primarily financial risks (scams, market collapses) to physical threats, including kidnappings and home invasions.
High-Profile Victims: Targets have included high-net-worth individuals, executives of firms like Ledger and Paymium, and their family members.
Modus Operandi: Criminals often conduct surveillance, sometimes using information found in public databases or social media, to identify vulnerable individuals.
Location Dispersed: Incidents have occurred in various locations across France, including Paris, Normandy, Nantes, and Essonne, suggesting a widespread issue rather than being confined to a single city.
Industry Response: The rise in violence has led some crypto executives to significantly upgrade their personal security and prompted industry leaders to meet with French authorities to discuss safety measures.
#CryptoCrime #CPIWatch #CryptoAttacks #WrenchAttacks #NFTParis
Two major crypto events, NFT Paris and RWA Paris 2026, were canceled due to a market downturn and safety concerns following a string of violent physical attacks targeting crypto holders across France, which has seen over 20 such incidents. While organizers cited financial challenges, the atmosphere of fear created by the attacks was a significant underlying factor impacting public participation.
The attacks are part of a global trend of "wrench attacks," where criminals use physical violence and torture to force victims to hand over access to their digital assets. France, in particular, has become a hotspot, with at least 18 recorded cases across the country reported between July 2024 and November 2025 alone.
Key Insights
Growing Physical Threat: The danger in the crypto community has shifted from primarily financial risks (scams, market collapses) to physical threats, including kidnappings and home invasions.
High-Profile Victims: Targets have included high-net-worth individuals, executives of firms like Ledger and Paymium, and their family members.
Modus Operandi: Criminals often conduct surveillance, sometimes using information found in public databases or social media, to identify vulnerable individuals.
Location Dispersed: Incidents have occurred in various locations across France, including Paris, Normandy, Nantes, and Essonne, suggesting a widespread issue rather than being confined to a single city.
Industry Response: The rise in violence has led some crypto executives to significantly upgrade their personal security and prompted industry leaders to meet with French authorities to discuss safety measures.
#CryptoCrime #CPIWatch #CryptoAttacks #WrenchAttacks #NFTParis
⚠️ Crypto Crime & Stablecoin Flow
🚨 Illicit crypto activity surged last year.
Chainalysis reports $154B moved through illegal wallets, with stablecoins leading the flow.
$BTC $ETH $XRP
#CryptoNews #Stablecoins #blockchain #Chainalysis #CryptoCrime
🚨 Illicit crypto activity surged last year.
Chainalysis reports $154B moved through illegal wallets, with stablecoins leading the flow.
$BTC $ETH $XRP
#CryptoNews #Stablecoins #blockchain #Chainalysis #CryptoCrime
2025 IS A WARZONE! $4 BILLION STOLEN!
PeckShieldAlert: 2025 saw record crypto heists. Centralized infrastructure flaws and social engineering are to blame. Losses hit $4.04 billion, up 34.2% from 2024's $3.01 billion.
Follow for daily market intel.
Not financial advice.
#CryptoCrime #Security #Hacks #DeFi 🚨
PeckShieldAlert: 2025 saw record crypto heists. Centralized infrastructure flaws and social engineering are to blame. Losses hit $4.04 billion, up 34.2% from 2024's $3.01 billion.
Follow for daily market intel.
Not financial advice.
#CryptoCrime #Security #Hacks #DeFi 🚨
🚨 Crypto Crime Update
📊 Chainalysis reports $154B flowed through illicit wallets last year — a 162% YoY increase.
💵 Stablecoins dominated illegal transfers, sanctions evasion shifted fully on-chain, and North Korea continued using exploits as a major funding source.
#CryptoNews #Blockchain #Stablecoins #Chainalysis #CryptoCrime $BTC $ETH $BNB
📊 Chainalysis reports $154B flowed through illicit wallets last year — a 162% YoY increase.
💵 Stablecoins dominated illegal transfers, sanctions evasion shifted fully on-chain, and North Korea continued using exploits as a major funding source.
#CryptoNews #Blockchain #Stablecoins #Chainalysis #CryptoCrime $BTC $ETH $BNB
🚨1.3 MILLION RETIREMENT WIPED OUT BY A FAKE CRYPTO INVESTIGATION 🚨
💔 A heartbreaking reminder that crypto scams don’t target greed — they target trust.
An elderly couple, Barbara and Larry Cook, lost $1.3 MILLION meant for retirement, charity, and family after scammers posed as officials from Federal Trade Commission (FTC), Amazon, and TD Bank.
👇 HOW THE SCAM WORKED?
📞 Authority impersonation
Scammers claimed the couple’s identity was used on the dark web for illegal purchases.
⚖️ Fear & urgency
They threatened court action, asset seizure, and even dragged their sons’ reputations into the story.
🏛️ Fake government proof
A forged letter with a U.S. Treasury seal warned them to keep the “investigation” secret.
💬 Isolation tactic
They were told not to speak to anyone — not family, not banks.
🏧 Bitcoin ATMs & gold
Cash was fed into Bitcoin ATMs in $50–$100 bills.
Gold bullion was handed over in Maine and Florida.
📲 Fake FTC agent on WhatsApp
A man calling himself “Ryan Terry” guided them step-by-step to set up a Bitcoin wallet.
🏦 Life savings drained
Over six months, they withdrew funds — including 401(k)s — despite repeated warnings from bank clerks.
💥 THE MOMENT OF TRUTH
When WhatsApp went silent, Larry called the real FTC.
He was transferred to a victim hotline.
❌ The FTC never asks for money, crypto, or gold
❌ The FTC never keeps investigations secret
❌ Government agencies do not use WhatsApp
🧠 WHY THIS MATTERS?
This wasn’t a tech-savvy crypto play.
It was psychological warfare using fear, authority, and shame.
⚠️ WARNING SIGNS EVERYONE MUST KNOW
🚩 Pressure to act fast
🚩 Requests for secrecy
🚩 Payments via Bitcoin ATMs or gold
🚩 Threats involving family
🚩 “Government agents” on messaging apps
📢 SHARE THIS. TALK ABOUT IT. PROTECT YOUR FAMILY.
Crypto scams are evolving — and silence is their strongest weapon. #CryptoCrime
$XRP
$ADA
$SUI
💔 A heartbreaking reminder that crypto scams don’t target greed — they target trust.
An elderly couple, Barbara and Larry Cook, lost $1.3 MILLION meant for retirement, charity, and family after scammers posed as officials from Federal Trade Commission (FTC), Amazon, and TD Bank.
👇 HOW THE SCAM WORKED?
📞 Authority impersonation
Scammers claimed the couple’s identity was used on the dark web for illegal purchases.
⚖️ Fear & urgency
They threatened court action, asset seizure, and even dragged their sons’ reputations into the story.
🏛️ Fake government proof
A forged letter with a U.S. Treasury seal warned them to keep the “investigation” secret.
💬 Isolation tactic
They were told not to speak to anyone — not family, not banks.
🏧 Bitcoin ATMs & gold
Cash was fed into Bitcoin ATMs in $50–$100 bills.
Gold bullion was handed over in Maine and Florida.
📲 Fake FTC agent on WhatsApp
A man calling himself “Ryan Terry” guided them step-by-step to set up a Bitcoin wallet.
🏦 Life savings drained
Over six months, they withdrew funds — including 401(k)s — despite repeated warnings from bank clerks.
💥 THE MOMENT OF TRUTH
When WhatsApp went silent, Larry called the real FTC.
He was transferred to a victim hotline.
❌ The FTC never asks for money, crypto, or gold
❌ The FTC never keeps investigations secret
❌ Government agencies do not use WhatsApp
🧠 WHY THIS MATTERS?
This wasn’t a tech-savvy crypto play.
It was psychological warfare using fear, authority, and shame.
⚠️ WARNING SIGNS EVERYONE MUST KNOW
🚩 Pressure to act fast
🚩 Requests for secrecy
🚩 Payments via Bitcoin ATMs or gold
🚩 Threats involving family
🚩 “Government agents” on messaging apps
📢 SHARE THIS. TALK ABOUT IT. PROTECT YOUR FAMILY.
Crypto scams are evolving — and silence is their strongest weapon. #CryptoCrime
$XRP
$ADA
$SUI
See original
Iranian military transferred $1 billion in cryptocurrency through British exchanges.
Scandal of the year: according to a new investigation, Iranian military structures likely transferred over $1 billion in cryptocurrency through British crypto exchanges. This shocking information indicates the use of digital assets to circumvent international sanctions and finance activities that concern the global community.
Nighttime Home Invasion in France: Armed Men Tied Up a Woman and Escaped With a Crypto USB Drive
France is facing a disturbing trend. The country is increasingly becoming Europe’s epicenter of so-called crypto-wrench attacks — violent home invasions where the target is not a bank, but private cryptocurrency keys. The latest case from the south of the country shows just how dangerous this phenomenon is becoming.
On Monday evening, three masked attackers broke into a family home in the town of Manosque, located in the Alpes-de-Haute-Provence region. Inside, they assaulted a woman, threatened her with a handgun, physically attacked her, and tied her up in order to obtain a single target: a USB drive containing cryptocurrency data belonging to her partner.
Weapon, Violence, and a Rapid Escape
According to available information, the attackers did not hesitate to use brute force. They slapped the woman, intimidated her with a firearm, and fled immediately after securing the USB drive. Fortunately, the victim did not suffer serious injuries, managed to free herself within minutes, and contacted the police.
The case is now being investigated by specialized units of the criminal police. The investigation comes at a time when similar attacks are rapidly increasing across France.
France as a Hub of Crypto-Related Violence
According to publicly tracked databases, more than 70 violent attacks targeting cryptocurrency holders have been recorded worldwide. Over 14 of these incidents occurred in France, making it the most dangerous European country in this category.
Experts warn that a combination of several factors creates an ideal environment for this type of crime:
🔹 High overall crime rates
🔹 A visible concentration of cryptocurrency wealth
🔹 Growing knowledge of digital assets among criminal groups
🔹 Easy identification of targets through public information
Cryptocurrencies are particularly attractive to criminals because they allow the instant transfer of large sums across borders, operate 24/7, and are often perceived as harder to trace than traditional financial systems.
Shocking Revelation: The State as a Source of Information for Criminals?
The case unfolds in an exceptionally sensitive context. It recently emerged that a French tax official has been charged with abusing access to government databases.
According to investigators, she allegedly searched for addresses, income details, and family information of individuals outside her professional responsibilities and passed this data on to criminal groups. In at least one case, this activity is believed to have preceded a violent home invasion.
The court concluded that her actions could not be justified by her job duties, which were strictly limited to corporate taxation.
A New Reality for Crypto Holders
The Manosque case reveals a harsh reality:
The greatest threat to cryptocurrency investors is no longer hackers, but physical violence.
Crypto-wrench attacks are reshaping security paradigms and forcing investors to reconsider how and where they store their digital assets. USB drives, hardware wallets, and public visibility of wealth are becoming potential liabilities — especially in environments where sensitive information can fall into the wrong hands.
#CryptoCrime , #CryptoSecurity , #CryptoNews , #DigitalAssets , #CryptoCommunity
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
On Monday evening, three masked attackers broke into a family home in the town of Manosque, located in the Alpes-de-Haute-Provence region. Inside, they assaulted a woman, threatened her with a handgun, physically attacked her, and tied her up in order to obtain a single target: a USB drive containing cryptocurrency data belonging to her partner.
Weapon, Violence, and a Rapid Escape
According to available information, the attackers did not hesitate to use brute force. They slapped the woman, intimidated her with a firearm, and fled immediately after securing the USB drive. Fortunately, the victim did not suffer serious injuries, managed to free herself within minutes, and contacted the police.
The case is now being investigated by specialized units of the criminal police. The investigation comes at a time when similar attacks are rapidly increasing across France.
France as a Hub of Crypto-Related Violence
According to publicly tracked databases, more than 70 violent attacks targeting cryptocurrency holders have been recorded worldwide. Over 14 of these incidents occurred in France, making it the most dangerous European country in this category.
Experts warn that a combination of several factors creates an ideal environment for this type of crime:
🔹 High overall crime rates
🔹 A visible concentration of cryptocurrency wealth
🔹 Growing knowledge of digital assets among criminal groups
🔹 Easy identification of targets through public information
Cryptocurrencies are particularly attractive to criminals because they allow the instant transfer of large sums across borders, operate 24/7, and are often perceived as harder to trace than traditional financial systems.
Shocking Revelation: The State as a Source of Information for Criminals?
The case unfolds in an exceptionally sensitive context. It recently emerged that a French tax official has been charged with abusing access to government databases.
According to investigators, she allegedly searched for addresses, income details, and family information of individuals outside her professional responsibilities and passed this data on to criminal groups. In at least one case, this activity is believed to have preceded a violent home invasion.
The court concluded that her actions could not be justified by her job duties, which were strictly limited to corporate taxation.
A New Reality for Crypto Holders
The Manosque case reveals a harsh reality:
The greatest threat to cryptocurrency investors is no longer hackers, but physical violence.
Crypto-wrench attacks are reshaping security paradigms and forcing investors to reconsider how and where they store their digital assets. USB drives, hardware wallets, and public visibility of wealth are becoming potential liabilities — especially in environments where sensitive information can fall into the wrong hands.
#CryptoCrime , #CryptoSecurity , #CryptoNews , #DigitalAssets , #CryptoCommunity
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
TETHER CRACKS DOWN ON CRIME! $USDT partnership with UNODC.
Interpol seized $260 MILLION in Africa. Tether is on the front lines. They are actively fighting crypto crime with the UNODC. This is HUGE for market stability. Expect major positive sentiment shifts. Don't get left behind. This changes EVERYTHING.
Disclaimer: Not financial advice.
#Tether #CryptoCrime #Blockchain #MarketNews 🚀
Interpol seized $260 MILLION in Africa. Tether is on the front lines. They are actively fighting crypto crime with the UNODC. This is HUGE for market stability. Expect major positive sentiment shifts. Don't get left behind. This changes EVERYTHING.
Disclaimer: Not financial advice.
#Tether #CryptoCrime #Blockchain #MarketNews 🚀
Masked Gunmen Tie Up Woman in France, Steal Crypto USB
France is becoming a European hotspot for crypto wrench attacks, with over 14 crypto-related attacks documented last year.
Follow @AsRealUpdates
$GUN
#CryptoCrime
#CryptoSecurity
#Cryptocurrency
France is becoming a European hotspot for crypto wrench attacks, with over 14 crypto-related attacks documented last year.
Follow @AsRealUpdates
$GUN
#CryptoCrime
#CryptoSecurity
#Cryptocurrency
🚨 KIDNAPPED FOR CRYPTO — WHEN DIGITAL WEALTH TURNS DEADLY 🚨 🔥
A chilling case from Manosque shows how crypto crime has crossed a terrifying line.
🕯️ WHAT HAPPENED?
In January 2026, a woman was violently attacked in her own home by three masked men.
She was tied up, threatened with a gun, assaulted — all to force access to crypto assets linked to her partner.
The attackers escaped with a USB key believed to contain a cold wallet.
🧠 WHY THIS IS DIFFERENT?
This wasn’t random.
🔎 The attackers were informed
🎯 The target was precise
⏱️ The operation was prepared
Crypto’s irreversible transactions + real-world exposure are creating a new kind of organized crime.
🌍 A GROWING TREND IN EUROPE
⚠️ Kidnappings for crypto in France, Spain, Belgium
⚠️ Physical violence used to force transfers
⚠️ Families of crypto holders increasingly targeted
This is no longer just hacking — it’s physical extortion.
🛡️ HOW TO PROTECT YOURSELF?
🔐 Use hardware wallets & offline backups
👤 Stay anonymous — never signal wealth
📍 Separate digital assets from real-life identity
🚨 Report threats immediately
Crypto security is no longer only technical — it’s personal safety.
❓ THE BIG QUESTION
Should crypto be more regulated…
or is self-protection now the real cost of decentralization?
👇 Are we underestimating the real-world risks of crypto?
#CryptoCrime #KidnappingAwareness
DYOR
$BIFI
$GUN
$GMT
A chilling case from Manosque shows how crypto crime has crossed a terrifying line.
🕯️ WHAT HAPPENED?
In January 2026, a woman was violently attacked in her own home by three masked men.
She was tied up, threatened with a gun, assaulted — all to force access to crypto assets linked to her partner.
The attackers escaped with a USB key believed to contain a cold wallet.
🧠 WHY THIS IS DIFFERENT?
This wasn’t random.
🔎 The attackers were informed
🎯 The target was precise
⏱️ The operation was prepared
Crypto’s irreversible transactions + real-world exposure are creating a new kind of organized crime.
🌍 A GROWING TREND IN EUROPE
⚠️ Kidnappings for crypto in France, Spain, Belgium
⚠️ Physical violence used to force transfers
⚠️ Families of crypto holders increasingly targeted
This is no longer just hacking — it’s physical extortion.
🛡️ HOW TO PROTECT YOURSELF?
🔐 Use hardware wallets & offline backups
👤 Stay anonymous — never signal wealth
📍 Separate digital assets from real-life identity
🚨 Report threats immediately
Crypto security is no longer only technical — it’s personal safety.
❓ THE BIG QUESTION
Should crypto be more regulated…
or is self-protection now the real cost of decentralization?
👇 Are we underestimating the real-world risks of crypto?
#CryptoCrime #KidnappingAwareness
DYOR
$BIFI
$GUN
$GMT
CRIME WAVE HITS $CRYPTO $USDT 162% SURGE IN ILLICIT TRANSACTIONS
ILLEGAL NETWORKS ARE GOING ALL-IN ON-CHAIN. STABLECOINS ARE THE NEW TOOL FOR LAUNDERING. $154 BILLION MOVED IN 2025 ALONE. SANCTIONED ENTITIES RECEIVED 694% MORE FUNDS. CRIME IS EXPLODING. THIS IS NOT A DRILL.
DISCLAIMER: PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
#CryptoCrime #BlockchainSecurity #StablecoinRisk #IllicitActivity 🚨
ILLEGAL NETWORKS ARE GOING ALL-IN ON-CHAIN. STABLECOINS ARE THE NEW TOOL FOR LAUNDERING. $154 BILLION MOVED IN 2025 ALONE. SANCTIONED ENTITIES RECEIVED 694% MORE FUNDS. CRIME IS EXPLODING. THIS IS NOT A DRILL.
DISCLAIMER: PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
#CryptoCrime #BlockchainSecurity #StablecoinRisk #IllicitActivity 🚨
🚨 $15 BILLION BITCOIN SCAM — AND NOW A DEPORTATION?! 🚨💥
Is this the biggest crypto crime case we’ve ever seen? 👀👇
🇰🇭➡️🇨🇳 A man accused of running one of Asia’s largest crypto scam empires has been arrested in Cambodia and deported to China — with links to a jaw-dropping $15 BILLION Bitcoin stash.
🕵️♂️ WHAT HAPPENED?
🔒 Chen Zhi, alleged mastermind behind a massive crypto fraud network, was detained in Cambodia
✈️ Deported to China following a joint international investigation
💰 US authorities previously moved to seize 127,000 BTC allegedly tied to the scheme
⚠️ The group was labeled a transnational criminal organization by the US & UK
🧠 WHY THIS SHOCKS THE MARKET
🔥 One of the largest BTC seizures ever attempted
🌍 Allegations span money laundering, online scams, human trafficking & shell companies
🧩 Shows how crypto crimes still cross borders faster than regulation
📉 Raises fresh questions about BTC traceability, enforcement & sanctions
❗ BUT THERE’S A TWIST
🗣️ Chen Zhi & Prince Group deny all allegations
⚖️ No public confirmation yet of formal charges in China
🔍 Case still unfolding — and markets are watching closely
❓THE BIG QUESTION
🧠 Does this prove crypto is finally becoming traceable or that enforcement is still playing catch-up? 👇 #CryptoCrime
⚠️ DYOR.
$SUI
$INJ
Is this the biggest crypto crime case we’ve ever seen? 👀👇
🇰🇭➡️🇨🇳 A man accused of running one of Asia’s largest crypto scam empires has been arrested in Cambodia and deported to China — with links to a jaw-dropping $15 BILLION Bitcoin stash.
🕵️♂️ WHAT HAPPENED?
🔒 Chen Zhi, alleged mastermind behind a massive crypto fraud network, was detained in Cambodia
✈️ Deported to China following a joint international investigation
💰 US authorities previously moved to seize 127,000 BTC allegedly tied to the scheme
⚠️ The group was labeled a transnational criminal organization by the US & UK
🧠 WHY THIS SHOCKS THE MARKET
🔥 One of the largest BTC seizures ever attempted
🌍 Allegations span money laundering, online scams, human trafficking & shell companies
🧩 Shows how crypto crimes still cross borders faster than regulation
📉 Raises fresh questions about BTC traceability, enforcement & sanctions
❗ BUT THERE’S A TWIST
🗣️ Chen Zhi & Prince Group deny all allegations
⚖️ No public confirmation yet of formal charges in China
🔍 Case still unfolding — and markets are watching closely
❓THE BIG QUESTION
🧠 Does this prove crypto is finally becoming traceable or that enforcement is still playing catch-up? 👇 #CryptoCrime
⚠️ DYOR.
$SUI
$INJ
$BTC SHOCKER: “PIG-BUTCHERING” KINGPIN BROUGHT DOWN BILLIONS IN BITCOIN SEIZED
One of crypto’s darkest chapters just hit a turning point. Chen Zhi, accused of running a massive global “pig-butchering” scam and human-trafficking operation, has been arrested in Cambodia and extradited to China. Authorities say this wasn’t a small ring it was an industrial-scale criminal enterprise.
U.S. prosecutors allege the network operated forced-labor scam centers across Southeast Asia, coercing trafficked victims to run fake crypto investment schemes that targeted people worldwide. The numbers are staggering: 127,271 BTC seized, valued at roughly $14 billion the largest crypto forfeiture in U.S. DOJ history.
Investigators traced stolen funds through exchanges, mixers, and wallets back to Chen’s control. The proceeds reportedly financed casinos, real estate, and even a bank, all while maintaining connections with political elites. Those seized BTC are now held by the U.S. government, lifting total holdings to ~325,000 BTC.
This wasn’t just financial fraud it exposed a system of exploitation powered by crypto rails.
The big question: how many more networks like this are still operating in plain sight?
#BitcoinDunyamiz #CryptoCrime #blockchain
One of crypto’s darkest chapters just hit a turning point. Chen Zhi, accused of running a massive global “pig-butchering” scam and human-trafficking operation, has been arrested in Cambodia and extradited to China. Authorities say this wasn’t a small ring it was an industrial-scale criminal enterprise.
U.S. prosecutors allege the network operated forced-labor scam centers across Southeast Asia, coercing trafficked victims to run fake crypto investment schemes that targeted people worldwide. The numbers are staggering: 127,271 BTC seized, valued at roughly $14 billion the largest crypto forfeiture in U.S. DOJ history.
Investigators traced stolen funds through exchanges, mixers, and wallets back to Chen’s control. The proceeds reportedly financed casinos, real estate, and even a bank, all while maintaining connections with political elites. Those seized BTC are now held by the U.S. government, lifting total holdings to ~325,000 BTC.
This wasn’t just financial fraud it exposed a system of exploitation powered by crypto rails.
The big question: how many more networks like this are still operating in plain sight?
#BitcoinDunyamiz #CryptoCrime #blockchain
$BTC SHOCKING: “PIG-BUTCHERING” KINGPIN FINALLY CAPTURED — BILLIONS IN BTC SEIZED
One of the darkest empires in crypto just collapsed. Chen Zhi, the alleged mastermind behind a global “pig-butchering” fraud and human trafficking network, has been arrested in Cambodia and extradited to China. Authorities say this wasn’t just a scam — it was an industrial-scale operation.
According to U.S. prosecutors, Chen’s network ran forced labor camps across Southeast Asia, where trafficked victims were beaten and tortured into running fake crypto investment scams targeting victims worldwide. The scale is staggering: 127,271 BTC seized, worth roughly $14 billion — the largest crypto forfeiture in DOJ history.
Investigators traced stolen funds through exchanges, mixers, and wallets back to Chen’s control, funding casinos, real estate, and even a bank — all while he maintained ties to political elites. Those BTC now sit with the U.S. government, pushing total holdings to ~325,000 BTC.
This wasn’t just fraud. It was modern slavery powered by crypto.
The question now: how many more networks like this are still hiding in plain sight?
#Bitcoin #CryptoCrime #Blockchain
One of the darkest empires in crypto just collapsed. Chen Zhi, the alleged mastermind behind a global “pig-butchering” fraud and human trafficking network, has been arrested in Cambodia and extradited to China. Authorities say this wasn’t just a scam — it was an industrial-scale operation.
According to U.S. prosecutors, Chen’s network ran forced labor camps across Southeast Asia, where trafficked victims were beaten and tortured into running fake crypto investment scams targeting victims worldwide. The scale is staggering: 127,271 BTC seized, worth roughly $14 billion — the largest crypto forfeiture in DOJ history.
Investigators traced stolen funds through exchanges, mixers, and wallets back to Chen’s control, funding casinos, real estate, and even a bank — all while he maintained ties to political elites. Those BTC now sit with the U.S. government, pushing total holdings to ~325,000 BTC.
This wasn’t just fraud. It was modern slavery powered by crypto.
The question now: how many more networks like this are still hiding in plain sight?
#Bitcoin #CryptoCrime #Blockchain
ELMUSK:
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🚨 $BTC SHOCKING: “PIG-BUTCHERING” KINGPIN CAUGHT — BILLIONS IN CRYPTO SEIZED
The dark empire behind one of crypto’s deadliest scams has finally fallen. Chen Zhi, alleged mastermind of a global “pig-butchering” fraud and human trafficking ring, was arrested in Cambodia and extradited to China. This wasn’t just a scam — it was industrial-scale exploitation.
💀 U.S. prosecutors reveal: Chen’s network ran forced labor camps across Southeast Asia, torturing victims into running fake crypto investment schemes worldwide.
💰 Scale of the crime: 127,271 BTC seized (~$14B) — the largest crypto forfeiture in DOJ history. Funds traced through exchanges, mixers, and wallets had been fueling casinos, real estate, even a bank, all while maintaining ties to political elites.
📈 Those BTC now sit with the U.S. government, pushing its total holdings to ~325,000 BTC.
This is more than fraud — it’s modern slavery powered by crypto. The real question: how many more networks like this are still hiding in plain sight?
#Bitcoin #CryptoCrime #Blockchain #BTC
The dark empire behind one of crypto’s deadliest scams has finally fallen. Chen Zhi, alleged mastermind of a global “pig-butchering” fraud and human trafficking ring, was arrested in Cambodia and extradited to China. This wasn’t just a scam — it was industrial-scale exploitation.
💀 U.S. prosecutors reveal: Chen’s network ran forced labor camps across Southeast Asia, torturing victims into running fake crypto investment schemes worldwide.
💰 Scale of the crime: 127,271 BTC seized (~$14B) — the largest crypto forfeiture in DOJ history. Funds traced through exchanges, mixers, and wallets had been fueling casinos, real estate, even a bank, all while maintaining ties to political elites.
📈 Those BTC now sit with the U.S. government, pushing its total holdings to ~325,000 BTC.
This is more than fraud — it’s modern slavery powered by crypto. The real question: how many more networks like this are still hiding in plain sight?
#Bitcoin #CryptoCrime #Blockchain #BTC
$BTC SHOCKING: “PIG-BUTCHERING” KINGPIN FINALLY CAPTURED — BILLIONS IN BTC SEIZED
One of the darkest empires in crypto just collapsed. Chen Zhi, the alleged mastermind behind a global “pig-butchering” fraud and human trafficking network, has been arrested in Cambodia and extradited to China. Authorities say this wasn’t just a scam — it was an industrial-scale operation.
According to U.S. prosecutors, Chen’s network ran forced labor camps across Southeast Asia, where trafficked victims were beaten and tortured into running fake crypto investment scams targeting victims worldwide. The scale is staggering: 127,271 BTC seized, worth roughly $14 billion — the largest crypto forfeiture in DOJ history.
Investigators traced stolen funds through exchanges, mixers, and wallets back to Chen’s control, funding casinos, real estate, and even a bank — all while he maintained ties to political elites. Those BTC now sit with the U.S. government, pushing total holdings to ~325,000 BTC.
This wasn’t just fraud. It was modern slavery powered by crypto.
The question now: how many more networks like this are still hiding in plain sight?
#bitcoin #CryptoCrime #Blockchain
One of the darkest empires in crypto just collapsed. Chen Zhi, the alleged mastermind behind a global “pig-butchering” fraud and human trafficking network, has been arrested in Cambodia and extradited to China. Authorities say this wasn’t just a scam — it was an industrial-scale operation.
According to U.S. prosecutors, Chen’s network ran forced labor camps across Southeast Asia, where trafficked victims were beaten and tortured into running fake crypto investment scams targeting victims worldwide. The scale is staggering: 127,271 BTC seized, worth roughly $14 billion — the largest crypto forfeiture in DOJ history.
Investigators traced stolen funds through exchanges, mixers, and wallets back to Chen’s control, funding casinos, real estate, and even a bank — all while he maintained ties to political elites. Those BTC now sit with the U.S. government, pushing total holdings to ~325,000 BTC.
This wasn’t just fraud. It was modern slavery powered by crypto.
The question now: how many more networks like this are still hiding in plain sight?
#bitcoin #CryptoCrime #Blockchain
The Bitfinex hacker is already free.
Trump’s law works — even for those who laundered 120,000 BTC 🍊 🤯
We’re talking about Ilya Lichtenstein 🥸 — a key figure in the 2016 Bitfinex hack.
Sentenced to 5 years, but released early thanks to the First Step Act — a law signed by Trump back in 2018 😵💫
While some people hold their HODL, others hold onto the right law 😈
p.s. For an interesting crypto story — just a like and a thank you from me 🫶
$BTC
#BitfinexHack
#CryptoCrime
#TRUMP
#BitcoinHistory
#BTC
Trump’s law works — even for those who laundered 120,000 BTC 🍊 🤯
We’re talking about Ilya Lichtenstein 🥸 — a key figure in the 2016 Bitfinex hack.
Sentenced to 5 years, but released early thanks to the First Step Act — a law signed by Trump back in 2018 😵💫
While some people hold their HODL, others hold onto the right law 😈
p.s. For an interesting crypto story — just a like and a thank you from me 🫶
$BTC
#BitfinexHack
#CryptoCrime
#TRUMP
#BitcoinHistory
#BTC
FBI says Americans lost a record $9.3 billion to crypto crime in 2024: CNBC Crypto World
On today’s episode of CNBC Crypto World, bitcoin holds its ground at the $93,000 level after multiple days of gains. Plus, Coinbase gets rid of fees for purchases of PayPal’s stablecoin on its platform. And, Devin Finzer, CEO of OpenSea, breaks down what changing U.S. regulations mean for the NFT market.
#CryptoCrime
On today’s episode of CNBC Crypto World, bitcoin holds its ground at the $93,000 level after multiple days of gains. Plus, Coinbase gets rid of fees for purchases of PayPal’s stablecoin on its platform. And, Devin Finzer, CEO of OpenSea, breaks down what changing U.S. regulations mean for the NFT market.
#CryptoCrime
💥 Crypto-powered crime busted in Europe
According to Decrypt, law enforcement shut down a secret banking network laundering $23M using crypto:
🔹 Active in Spain, Austria, Belgium
🔹 17 suspects arrested
🔹 Chinese nationals handled cash in Spain
🔹 Arab nationals handled international transfers
🔹 Seized: $229K in cash, $205K in crypto, luxury cars, property, cigars, handbags — worth over $3.5M
Crypto is becoming the go-to toolkit for global crime 🧳🕵️♂️
#CryptoCrime
According to Decrypt, law enforcement shut down a secret banking network laundering $23M using crypto:
🔹 Active in Spain, Austria, Belgium
🔹 17 suspects arrested
🔹 Chinese nationals handled cash in Spain
🔹 Arab nationals handled international transfers
🔹 Seized: $229K in cash, $205K in crypto, luxury cars, property, cigars, handbags — worth over $3.5M
Crypto is becoming the go-to toolkit for global crime 🧳🕵️♂️
#CryptoCrime
See original
In a pioneering step towards enhancing digital justice and recovering stolen funds online, the British police announced an official collaboration with one of the largest law firms to launch an advanced program for recovering digital assets after the success of a pilot trial aimed at recovering cryptocurrency from a scam that targeted a British elderly woman.
⁂⁂⁂
This program aims to track stolen funds through blockchain technologies and work alongside legal entities to freeze and recover digital assets for the benefit of the victims.
⁂⁂⁂
The success of the pilot phase represents a new ray of hope for many victims of digital fraud, especially in light of the increasing complex cybercrimes targeting individuals and institutions.
⁂⁂⁂
Through this collaboration, the authorities seek to enhance public trust in digital transactions and send a clear message to scammers that cybercrimes will not go unpunished and that victims will not be left alone in facing this kind of modern crime.
⁂⁂⁂
This step is one of the most prominent legal and security moves in Europe in combating cryptocurrency crimes and may open the door for similar models in other countries seeking to protect their citizens from the chaos of the digital world.
#CryptoFraudRecovery
#DigitalJustice
#UKPolice
#AssetRecovery
#CryptoCrime
#BlockchainInvestigation
#CyberSecurity
#FinancialJustice
#ProtectTheVulnerable
#CryptoLaw
#DiversifyYourAssets
⁂⁂⁂
This program aims to track stolen funds through blockchain technologies and work alongside legal entities to freeze and recover digital assets for the benefit of the victims.
⁂⁂⁂
The success of the pilot phase represents a new ray of hope for many victims of digital fraud, especially in light of the increasing complex cybercrimes targeting individuals and institutions.
⁂⁂⁂
Through this collaboration, the authorities seek to enhance public trust in digital transactions and send a clear message to scammers that cybercrimes will not go unpunished and that victims will not be left alone in facing this kind of modern crime.
⁂⁂⁂
This step is one of the most prominent legal and security moves in Europe in combating cryptocurrency crimes and may open the door for similar models in other countries seeking to protect their citizens from the chaos of the digital world.
#CryptoFraudRecovery
#DigitalJustice
#UKPolice
#AssetRecovery
#CryptoCrime
#BlockchainInvestigation
#CyberSecurity
#FinancialJustice
#ProtectTheVulnerable
#CryptoLaw
#DiversifyYourAssets
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