DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia

Re:DOJ seizes $15B in Bitcoin from 'pig butchering' scam bas... by postexitus on Wednesday October 15, 2025 @04:50AM (#45589735)

So should we praise the gang's money saving habits?

[ Parent | on HN ]

Re:DOJ seizes $15B in Bitcoin from 'pig butchering' scam bas... by CaptainOfCoit on Wednesday October 15, 2025 @06:09AM (#45590227)

Probably not, but we should probably not compare a total (potentially across years) with something that is measured yearly like GDP, kind of misleading.

[ Parent | on HN ]

Re:DOJ seizes $15B in Bitcoin from 'pig butchering' scam bas... by jeltz on Wednesday October 15, 2025 @07:37AM (#45590874)

No, isn't it more likely about them earning money quicker than they are able to launder it?

[ Parent | on HN ]

Re:DOJ seizes $15B in Bitcoin from 'pig butchering' scam bas... by xnx on Wednesday October 15, 2025 @05:24AM (#45589941)

No. Just point out as others have that $15 billion vs GDP isn't a likes comparison.

[ Parent | on HN ]

Re:DOJ seizes $15B in Bitcoin from 'pig butchering' scam bas... by gosub100 on Wednesday October 15, 2025 @08:59AM (#45591753)

I think they mean the bulk of the sum came from the rise of BTC, moreso than the scam. Like a purse snatcher steals a total of $200 and buys lottery tickets making their proceeds worth $40k.

[ Parent | on HN ]