Home / Crime / Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure

Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure

The alleged mastermind of a major crypto scam ring that stole billions was arrested in Cambodia this week and extradited to China.

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 n… [2306 chars]

Source: Decrypt | Published: 2026-01-07T19:42:05Z

Credit: Decrypt

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