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Billionaire Chen Zhi arrested in $15-bn crypto scam, sent back to China
short by Ishita Ranganath / on Thursday, 8 January, 2026
Cambodia announced extraditing billionaire businessman Chen Zhi, accused of masterminding a $15-billion cryptocurrency scam, to China. Zhi was among three Chinese nationals arrested on January 6, after a joint probe into transnational crime that lasted several months, Cambodia said. The US charged Zhi with running internet scams from Cambodia that it said had stolen billions in cryptocurrency.
read more at NewsBytes