Who the suspect is and what happened
• Chen Zhi, a 38‑year‑old businessman and founder of Prince Group, has been arrested in Cambodia and deported to China at the request of Beijing after his Cambodian citizenship was revoked. He was wanted in connection with one of the largest crypto fraud...
The United States Department of Justice has seized $15 billion worth of Bitcoin linked to a massive “pig butchering” scam operation based in Cambodia. This marks the largest forfeiture action in DOJ history. Prosecutors charged Chen Zhi, the alleged mastermind, with wire fraud and money...
Realizing you've fallen for a crypto scam is devastating. But don’t panic—there are a few steps you can take. First, stop transferring more funds. Scammers often try to lure you into paying “fees” to release your money—don’t fall for it.
Next, report the scam to platforms like:
FTC (USA)...