Prince Group: $15B Bitcoin Seized in Fraud Scheme
DOJ seizes $15B in Bitcoin from a global fraud operation orchestrated by Prince Group. The operation involved forced-labor camps and laundered money through various means.
Backpage.com founder Michael Lacey sentenced to 5 years, fined $3M in prostitution case
Additionally, the CEO of the company when the government shut the site down, Carl Ferrer, pleaded guilty to a separate federal conspiracy case in Arizona and to state money laundering charges in California.