U.S. Seizes 127,000 BTC from Cambodian Prince Chen Zhi — Now Holds 324,000 BTC ($36.2B) to Become Largest Bitcoin Holder

According to Chainalysis, the United States plans to seize 127,000 BTC linked to Cambodian Prince Group executive Chen Zhi, bringing federal custody to approximately 324,000 BTC, valued at about $36.2 billion. The Chainalysis dataset records this transfer and identifies the U.S. as the largest on‑chain holder of bitcoin based on publicly traceable addresses.

The disclosure underscores the increasing role of on‑chain forensics and legal enforcement in crypto asset recovery, and highlights operational considerations for government custody, regulatory compliance, and market transparency. Market participants and custodians should reference official filings and Chainalysis reports for confirmed details and legal developments.

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