Wallets tied to Chen Zhi, who was charged last week by the U.S. government over an alleged $14 billion crypto scam, moved nearly $2 billion worth of BTC on Wednesday.
In brief
Wallets tied to alleged scammer Chen Zhi have moved about $1.7 billion in Bitcoin recently sanctioned by the U.S. Treasury, per Arkham Intelligence.
The 15,959 BTC transfers appear tied to Chen’s Prince Holding Group, which prosecutors say r… [2587 chars]
Source: Decrypt | Published: 2025-10-22T19:07:04Z
Credit: Decrypt
