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In $5 wrench we trust. - Bitcoin
That doesn't appear to be how they seized the funds though, the criminal hasn't been caught so they must have hacked his devices to gain access to the private keys. No $5 wrench involved.
I bet somebody wrote down their password, too scared of what would happen to them if they were to forget it.
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Direct link to the indictment https://www.justice.gov/usao-edny/pr/chairman-prince-group-i... Cambodia's specifically 30-50% of the economy can be directly attributed to scamming plus casinos This one of the other organizations / major bank used for money laundering directly linked to Hun Sen https://en.wikipedia.org/wiki/Huione_Group > The company is linked to Cambodia's ruling Hun family, which includes the current…
> Cambodia's specifically 30-50% of the economy can be directly attributed to scamming plus casinos Are you saying that 30-50% of Cambodia's economy can be directly attributed to scamming and casinos? I find that shocking and hard to believe. Do you have a source for that statement?
Wow. $15 billion is an astronomical, nearly unfathomable amount of money in Cambodia. This must have been a huge operation. It's almost 1/3 of the country's entire GDP! Well done DOJ. Hopefully the victims get their money back.
Wait, hold on, I thought the promise of crypto was that: 1. The feds can't take your money. 2. Once your money's gone, it's gone. If criminals can't count on #1 holding true, and their victims can't count on #2 holding true, what is even the point of it?
Earlier quoted context omitted.
That doesn't appear to be how they seized the funds though, the criminal hasn't been caught so they must have hacked his devices to gain access to the private keys. No $5 wrench involved.
Which just goes to show that custody is a hard and almost always under-estimated problem.
Who they were scamming, Americans? How they managed to gain trust, even considering strong accent or grammatical mistakes. How do they identify and trace these Chinese fraudsters? They all look the same and have a name like Hi Lo. Where the money go... of course real estate.
this should answer some of your questions: https://youtu.be/vu-Y1h9rTUs
Wow. $15 billion is an astronomical, nearly unfathomable amount of money in Cambodia. This must have been a huge operation. It's almost 1/3 of the country's entire GDP! Well done DOJ. Hopefully the victims get their money back.
There's areas in Laos and Cambodia they control where it literally operates under a different set of laws. One of the areas, I think in Laos, Americans aren't even allowed to enter
Earlier quoted context omitted.
Direct link to the indictment https://www.justice.gov/usao-edny/pr/chairman-prince-group-i... Cambodia's specifically 30-50% of the economy can be directly attributed to scamming plus casinos This one of the other organizations / major bank used for money laundering directly linked to Hun Sen https://en.wikipedia.org/wiki/Huione_Group > The company is linked to Cambodia's ruling Hun family, which includes the current…
> Cambodia's specifically 30-50% of the economy can be directly attributed to scamming plus casinos Are you saying that 30-50% of Cambodia's economy can be directly attributed to scamming and casinos? I find that shocking and hard to believe. Do you have a source for that statement?
I'm curious how the Bitcoin was actually seized, given that the indictment says the perp is still at large and held the Bitcoin in self custodied wallets.
Wow. $15 billion is an astronomical, nearly unfathomable amount of money in Cambodia. This must have been a huge operation. It's almost 1/3 of the country's entire GDP! Well done DOJ. Hopefully the victims get their money back.
Wait, hold on, I thought the promise of crypto was that: 1. The feds can't take your money. 2. Once your money's gone, it's gone. If criminals can't count on #1 holding true, and their victims can't count on #2 holding true, what is even the point of it?