Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure – Decrypt
In brief Chen Zhi, the alleged mastermind of a “pig butchering” crypto fraud ring, was arrested in Cambodia. Zhi was indicted by the U.S. Department of Justice in October and charged with wire fraud and money laundering conspiracy. His crypto fraud network allegedly stole billions from users globally, with nearly $12 billion in Bitcoin from...
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