$15 Billion Pig Butchering Scam Boss Chen Zhi Extradited to China
ID: b2ccc8e8-1da3-5cb5-8adc-8955db5c6388
STIX ID: report--b2ccc8e8-1da3-5cb5-8adc-8955db5c6388
Feed Name: HackRead
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**Executive summary:** Chinese and Cambodian authorities extradited Chen Zhi, alleged head of the Prince Group, following a lengthy investigation into what prosecutors call one of Asia’s largest criminal organizations operating pig-butchering romance/crypto scams, forced-labor scam compounds, illegal gambling and extensive money laundering; authorities seized massive assets (including $15 billion in Bitcoin) and are liquidating related financial institutions while warning other members to surrender.
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