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International Business Times UK
International Business Times UK
World
Marty Vergel Baes

FBI Says Operation Blackout Hit $15BN—but Which Scam Crackdown Produced the Money?

FBI Blackout Bitcoin Prince Group Crypto Chen Zhi Kash Patel Cambodia Justice Department United States
The FBI says its global Operation Blackout has seized more than $15 billion in assets and cryptocurrency while dismantling scam compounds across several countries (Credit: Gage Skidmore/YouTube)

The FBI says its global Operation Blackout has seized more than $15 billion in assets and cryptocurrency while dismantling scam compounds across several countries.

But the eye-catching figure did not come from one giant raid or a single pile of cash. Most of it came from one extraordinary cryptocurrency forfeiture linked to a Cambodian network that US prosecutors allege was involved in large-scale fraud.

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