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The DOJ details a $15 billion pig butchering scam ring bust: Phone farms, forced labor camps, and an ill-gotten Picasso

A Cambodian “pig butchering” scam ring has been relieved of $15 billion in Bitcoin courtesy of the Department of Justice, according to a DOJ press release issued on Tuesday. The scam’s alleged ringleader, UK and Cambodian national Chen Zhi, has also been indicted for his role in the scam, though he remains at large. Prosecutors say that the scam ring relied on human trafficking and violence to maintain its operations, and that it stole billions of dollars from people all over the world since 2015. 

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