Latest News: Prince Group founder Chen Zhi arrested in Cambodia, extradited back to China.



Unfortunately, the person was brought back, but the money is gone! Presumably some people are gritting their teeth in frustration!

After hiding for over two months, this notorious criminal kingpin has finally been caught!?

But is it really a genuine arrest? That remains to be seen.
As for what kind of results the investigation will yield?
Anything is possible! After all, the person is not in the United States.

The news comes from the Guangxi International Communication Center (Cambodia) liaison office and the Cambodian-Chinese Times.

Background: In October 2025, the U.S. Department of Justice indicted Chen Zhi on suspicion of fraud and cryptocurrency scams, and seized approximately 127,271 bitcoins from him (approximately $15 billion USD).

Prince Group refused to admit it, claiming that the assets were stolen by hackers four years ago, and that Chen Zhi even knelt down begging the hackers to return them. Basically, they are betting that the U.S. has no evidence.

Follow up for more details. If anyone has the latest news, please leave a comment and let me know.
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