Why pig Is Trending Today?

The U.S. Department of Justice (DOJ) has undertaken a significant operation to seize Bitcoin worth approximately $15 billion, marking one of the largest cryptocurrency seizures in history. This action is part of a global crackdown on a sophisticated 'pig butchering' scam, a term used to describe a type of investment scam where victims are groomed and manipulated into sending money to the scammers. The DOJ has identified Chen Zhi as a key figure in this operation, which is believed to have been based in Cambodia. The seized Bitcoin is linked to this 'pig butchering' scam, which is also alleged to have involved forced labor camps and other illicit activities. The DOJ's move is part of a broader effort to target and dismantle global cryptocurrency scams, with the seized Bitcoin potentially being used to fund further investigations or returned to victims.