https://arstechnica.com/tech-policy/2025/10/feds-seize-15-bi...
> [US] Federal prosecutors have seized $15 billion from the alleged kingpin of an operation that used imprisoned laborers to trick unsuspecting people into making investments in phony funds, often after spending months faking romantic relationships with the victims.
https://www.abc.net.au/news/2026-01-29/china-executes-online...
> China has executed 11 people involved in criminal gangs in Myanmar, including online scam ringleaders. Their crimes included "intentional homicide, intentional injury, unlawful detention, fraud and casino establishment"
https://www.bangkokpost.com/world/3184205/why-china-was-so-k...
> Chen's case might prove more complicated since the US had seized a large amount of his cryptocurrency assets, but he was now in custody in China.. "If China doesn't cooperate, it will be extremely difficult for the US to investigate Chen."
>seized $15 billion from the alleged kingpin
I know the answer but why amass $15 billion, more money than a person could spend in a lifetime, and still conduct this scam? You think a person would say "enough" and escape to a beach somewhere.
Because it was old Bitcoin, which was confiscated long time ago and did 100x.
I'm not sure what to call the bias but the people who have done that we don't hear about so we're only hearing about the ones that don't do that. Who knows how many ruffians and scofflaws are out there on beaches, going unknown!
Good point - it's like the opposite of survivorship bias? We only hear about the ones that don't survive and get caught. The "survivors" we don't hear about all the criminals who are still at large I guess.