#$BTC This is the largest crypto seizure in the history of the FBI. The head of the agency, Kash Patel, revealed that it lasted nine months and involved several major cases against transnational crime syndicates operating in Southeast Asia and the Middle East. The investigation believes that members of these networks utilized so-called 'scam farms,' where people are coerced into participating in internet fraud schemes like 'pig butchering' to steal cryptocurrency. One of the biggest episodes of the operation involved former head of the Cambodian conglomerate Prince Holding Group, Chen Zhi. In October 2025, U.S. authorities confiscated 127,271 bitcoins from him. Previously, Chen Zhi was detained in Cambodia and extradited to China. The FBI conducted joint raids in the United Arab Emirates (UAE), Thailand, and Myanmar. In Dubai alone, 275 alleged participants of the criminal network were arrested. Six individuals are being prepared for extradition to the U.S. According to the investigation, the groups were engaged in internet fraud, money laundering, and transferring funds through crypto services. Among the victims were U.S. citizens.