Prince Group founder Chen Zhi has been arrested; after embezzling 127,000 BTC, he will be extradited to China for trial.Cambodian Prince Group founder Chen Zhi was extradited back to China, with the United States seizing $15 billion in Bitcoin, igniting new tensions in the crypto market and geopolitical landscape
(Previous background: Prince Group statement responding to $15 billion Bitcoin illicit funds: Founder Chen Zhi was framed, and one day his innocence will be proven)
(Additional background: Timeline> The process of Prince Group Chen Zhi being "hacked" by the U.S. government to seize 127,000 Bitcoins! Perhaps the truth will never be known)
On the 6th, Chen Zhi, founder of the Prince Group in Cambodia, was handcuffed by Chinese police at Phnom Penh Airport and immediately escorted on a special flight back to China. The 38-year-old entrepreneur, regarded by the outside world as "Cambodia's richest man," maintained a calm exterior during the extradition; however, alongside him, there was also the final illusion of a cryptocurrency scam network spanning five continents with over a hundred billion dollars in assets.
Extradition concludes, crypto empire collapses
The U.S. Department of Justice took the most unprecedented action last year
動區BlockTempo·01-08 06:05