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PaywallBuster commented on DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia   cnbc.com/2025/10/14/bitco... · Posted by u/pseudolus
pyrale · 2 months ago
First off, the amount seized was not necessarily made in a year.

Second, most of the money would not make it to the Cambodian economy. It is likely laundered abroad. The whole operation is likely multinational, with only the workforce located in Cambodia.

PaywallBuster · 2 months ago
Cambodia is also big player in money laundering

(not only for these cambodia originated crimes)

Also keep in mind all the bribes, all the money laundering mentioned in the article by the 100s of affiliated subsidiares of the criminal group all in Cambodia

the big casinos which directly and indirectly support additional laundering

https://www.fincen.gov/system/files/2025-10/Huione-Group-Fin...

https://www.kharon.com/brief/huione-group-cambodia-treasury-...

Every business has revenue / costs

The indictment mentions they were doing 30M/day ~ 10B / year, could be an old message when they were smaller

Guessing that's revenue

They're just one of many organizations in the "industry"

PaywallBuster commented on DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia   cnbc.com/2025/10/14/bitco... · Posted by u/pseudolus
yhager · 2 months ago
> Cambodia's specifically 30-50% of the economy can be directly attributed to scamming plus casinos

Are you saying that 30-50% of Cambodia's economy can be directly attributed to scamming and casinos? I find that shocking and hard to believe. Do you have a source for that statement?

PaywallBuster · 2 months ago
It's a small / under developed country

the economy is not that big to start with :)

GDP $49.8 Billion (nominal; 2025)

Some examples

https://www.business-humanrights.org/en/latest-news/cambodia...

PaywallBuster commented on DOJ seizes $15B in Bitcoin from 'pig butchering' scam based in Cambodia   cnbc.com/2025/10/14/bitco... · Posted by u/pseudolus
Wingman4l7 · 2 months ago
Long overdue. At some point, these scam operations are so large that they have to be operating with tacit approval of their host countries, who have been given no incentive to stop the virtual cold war against the personal finances of foreign citizenry that is bringing in millions of dollars into their economy.
PaywallBuster · 2 months ago
Direct link to the indictment https://www.justice.gov/usao-edny/pr/chairman-prince-group-i...

Cambodia's specifically 30-50% of the economy can be directly attributed to scamming plus casinos

This one of the other organizations / major bank used for money laundering directly linked to Hun Sen

https://en.wikipedia.org/wiki/Huione_Group

> The company is linked to Cambodia's ruling Hun family, which includes the current prime minister, Hun Manet.[4] His cousin Hun To is a major shareholder and director of Huione Pay

PaywallBuster commented on Digital euro could drain up to 700B euros of deposits in bank run, ECB says   reuters.com/business/fina... · Posted by u/thm
soared · 2 months ago
Clickbait title. This is a simulation of an unexpected event and IMO meant to dissuade the public from digital currency.
PaywallBuster · 2 months ago
> dissuade the public from digital currency.

Did you read the article?

The reason to move to ECB would be for ECB garanteed deposits, which many could find safer than their local bank

> Flight to safety would see 13 banks out of cash

PaywallBuster commented on Bank of Thailand freezes 3M accounts, sets daily transfer limits to curb fraud   thaienquirer.com/57752/bo... · Posted by u/walterbell
PaywallBuster · 3 months ago
> By July, 3 million accounts have been closed

this wasn't a swift action overnight

they could be blocking this many accounts on a yearly basis just from scam reports at the police station

or more which seems to be the case recently, but not overnight

this is bad article

PaywallBuster commented on Zig Software Foundation 2025 Financial Report and Fundraiser   ziglang.org/news/2025-fin... · Posted by u/smlavine
IshKebab · 4 months ago
Wow, paying himself $150k after tax from donations! That's wildly more successful than I would have guessed. (Not saying it's undeserved.)

> we need more recurring donations

Damn... really? More than $170k/year from Github Sponsors? That's got to be the most successful Github Sponsor income ever right?

PaywallBuster · 4 months ago
that doesn't account for personal income tax
PaywallBuster commented on Electromechanical reshaping, an alternative to laser eye surgery   medicalxpress.com/news/20... · Posted by u/Gaishan
PaywallBuster · 4 months ago
> Though the next steps are planned, uncertainties in the team's scientific funding have put them on hold

take my money!

PaywallBuster commented on VictoriaLogs Practical Ingestion Guide for Message, Time and Streams   victoriametrics.com/blog/... · Posted by u/func25
CubsFan1060 · 4 months ago
Can you talk a little bit about your Victoria Logs setup? About how many logs are you ingesting and what kind of sizing do you have on your setup?
PaywallBuster · 4 months ago
personally Hetzner SX295 that has 14x 22 TB on a ZFS setup

It ingests 70k lines per second without a sweat

reads are just as fast

u/PaywallBuster

KarmaCake day1207September 15, 2019View Original