$15 Billion in Custody. The Chairman Is at Large.
How the Scam Works
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$15 Billion in Custody. The Chairman Is at Large.
13 просмотров · 2 недели назад
How the Scam Works
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13 просмотров · 2 недели назад
On the fourteenth of October, 2025, two governments moved on the same day.
The United Kingdom froze a £12 million mansion on a residential street in north London. The United
States Treasury sanctioned 146 targets inside a Cambodian conglomerate and designated a network of
117 affiliated businesses — most of them, in the Treasury's own words, offshore shell companies with
no apparent real commercial activity. America's financial crimes network cut a Cambodian financial
services group out of the United States financial system. And prosecutors in Brooklyn filed a civil
forfeiture complaint against approximately 127,271 bitcoin, worth about $15 billion at the time.
The Justice Department calls it the largest forfeiture action in its history.
This video walks through what those two governments actually published that day — the property, the
shell companies, the sanctions, the bank — and then through the two things the paperwork does not
contain. The word "seized" does not appear once in the 68-page complaint: the filing says where the
coins are now, and never says how the government came to control them. And the chairman it charged
was not arrested. The Justice Department's own sentence about where he is runs to five words: the
defendant is at large.
An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty
beyond a reasonable doubt. Everything here comes from published government documents.
If you have lost money to a scam, report it at https://www.ic3.gov
Sources: U.S. Department of Justice press release and civil forfeiture complaint (E.D.N.Y.,
14 October 2025) · U.S. Department of the Treasury, OFAC press release (14 October 2025) ·
FinCEN Section 311 final rule (14 October 2025) · UK Foreign, Commonwealth & Development Office
sanctions announcement (14 October 2025).
CHAPTERS
0:00 The notice on the house
0:46 The £12 million mansion, and the rest of the portfolio
3:03 117 companies that do nothing
5:07 146 targets, five jurisdictions, one day
7:27 The bank that was switched off
9:01 127,271 bitcoin, and what the filing never says
12:46 What this changes for you