LuBian-linked wallet moves $1.3B in BTC after DOJ reveals $15B forfeiture case
NeutralCryptocurrency

A wallet linked to LuBian has moved $1.3 billion in Bitcoin following the U.S. Department of Justice's revelation of a $15 billion forfeiture case against Prince Holding Group. This transfer highlights ongoing concerns about cryptocurrency being used for illicit activities, as the DOJ alleges that Prince Holding Group utilized LuBian to launder funds. The situation underscores the need for regulatory scrutiny in the cryptocurrency space, especially as authorities ramp up efforts to combat financial crimes.
— Curated by the World Pulse Now AI Editorial System