Earlier quoted context omitted.
> Spent significant time in Vietnam & Cambodia & Thailand. Cambodia is a sad country full of desperate people. Probably should also include which country is responsible for the current condition of the country. https://www.goodreads.com/quotes/1175241-once-you-ve-been-to...
I think PolPot has more responsibility for this.
DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
311–320 of 421 posts
Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#312I wish there is a way for the scam victims to claim some money back. That would be awesome.
Meanwhile, our current leadership will probably just wire it over to Argentina
Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#313Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#314Earlier quoted context omitted.
I got a lot less snarky in my responses to scam text messages when I learned about the forced labor aspect. I just block the sender and go on, versus trying to bait them and waste their time.
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Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#315Earlier quoted context omitted.
> 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?
It's not hard to believe that a small country can have a vastly oversized economy due to finance - legal or illegal.
Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#316Earlier quoted context omitted.
> How do you know they are “desperate” Based on the fact that Cambodian day laborers come to work as migrant workers in a region that Vietnamese (Kinh or Jarai) try to leave if they can. HDI metrics themselves also represents that fact. Gia Lai - one of the poorest provinces in VN - has a higher Human Development Index (HDI) than all of Cambodia. > Given the recent developments in Bangladesh Yet the average Banglades…
Citations needed for almost everything you just wrote. On the other hand, South Korea has the right to do whatever it wants within its rights. I strongly support South Korea in its geo-strategic calculus to isolate Cambodia government. They must have very good reason to believe this is the right course of actions. Cambodian government should learn from this experience and improve its law enforcement and its own geo-s…
HDI comparison of Cambodia, Vietnam, and Bangladesh [0]. Notice how Cambodia and Bangladesh used to be developmental peers until 2010.
Life expectancy comparison of Cambodia, Vietnam, and Bangladesh [1].
Mean years of schooling in Cambodia, Vietnam, and Bangladesh [2]
Gross GNI per Capita PPP (log normalized) in Cambodia, Vietnam, and Bangladesh [3] - the only metric Cambodia is roughly comparable to either country.
There is no way around it - the average Bangladeshi let alone the average Vietnamese is healthier, better educated, and richer than the average Cambodian. And this divergence only began in the 2010s when Hun Sen and Cambodia's political leadership began backsliding into kleptocratic authoritarianism.
[0] - https://globaldatalab.org/shdi/table/shdi/BGD+KHM+VNM/?level...
[1] - https://globaldatalab.org/shdi/table/lifexp/BGD+KHM+VNM/?lev...
[2] - https://globaldatalab.org/shdi/table/msch/BGD+KHM+VNM/?level...
[3] - https://globaldatalab.org/shdi/table/lgnic/BGD+KHM+VNM/?leve...
Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#317It's 127,271 Bitcoins. Interesting choice not to mention the number of Bitcoins but use its current market value in USD. I feel like this says something about Bitcoin but not sure what exactly. Edit: Wow, people really don't want to know how many Bitcoins were seized :)
Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#318Earlier quoted context omitted.
I got a lot less snarky in my responses to scam text messages when I learned about the forced labor aspect. I just block the sender and go on, versus trying to bait them and waste their time.
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Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#319Earlier quoted context omitted.
Spent significant time in Vietnam & Cambodia & Thailand. Cambodia is a sad country full of desperate people. "less-policed" is the entire country. ~50 years since https://en.wikipedia.org/wiki/Cambodian_genocide . Vietnam was by far my favorite of the three and the contrast between the three countries is stark.
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There's a reason why so many people are desperate to get into the US.
Re: DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia
#320Earlier quoted context omitted.
The forfeiture complaint [1] says: > Chen personally maintained records of the wallet addresses and seed phrases associated with the private keys for each. So it sounds like they have the seed phrases and thus the private keys. [1] https://storage.courtlistener.com/recap/gov.uscourts.nyed.53...
is Chen in custody? If not, why wouldn't he just transfer the funds to a new seed?
[1] https://storage.courtlistener.com/recap/gov.uscourts.nyed.53...