Major Crypto Crime Crackdown in Asia

Chen Zhi, head of Prince Group, has been arrested in Cambodia and extradited to China in one of the largest crackdowns on crypto-related fraud in Asia. Authorities say he played a key role in large-scale investment scams and pig-butchering schemes targeting victims worldwide.

This case highlights why transparency and regulation matter for the crypto space.

Strong, legitimate assets like $BTC and $ETH continue to separate real adoption from abuse.

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