tldr; Chen Zhi, a Cambodian national and chairman of Prince Holding Group, was arrested in Cambodia and extradited to China for allegedly masterminding a crypto scam network that stole over $12 billion, including 127,271 Bitcoin. Zhi’s operation involved holding individuals against their will to run fraud schemes, known as ‘pig butchering,’ where victims were deceived into losing funds. The U.S. Department of Justice has seized the funds and designated Prince Group as a transnational criminal organization.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
My_NFT_Photos on
damn. So who gets the scammed Bitcoin?
Gotta love how “Politricks” work
Rob the robber , b/c you’re dressed in a suit and tie and nobody questions it
BTCWallahFXEmpire on
Trump will pardon him no worries.
DryMyBottom on
I wanna see them in prison, forever
partymsl on
How much of the BTC supply is in the hands of scammers lol?
Gen8Master on
Dude is going to get ferociously pardoned for a small admin fee of course
7 Comments
Getting a pardon in 3…2…
tldr; Chen Zhi, a Cambodian national and chairman of Prince Holding Group, was arrested in Cambodia and extradited to China for allegedly masterminding a crypto scam network that stole over $12 billion, including 127,271 Bitcoin. Zhi’s operation involved holding individuals against their will to run fraud schemes, known as ‘pig butchering,’ where victims were deceived into losing funds. The U.S. Department of Justice has seized the funds and designated Prince Group as a transnational criminal organization.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
damn. So who gets the scammed Bitcoin?
Gotta love how “Politricks” work
Rob the robber , b/c you’re dressed in a suit and tie and nobody questions it
Trump will pardon him no worries.
I wanna see them in prison, forever
How much of the BTC supply is in the hands of scammers lol?
Dude is going to get ferociously pardoned for a small admin fee of course