Chen Zhi, the founder of Cambodia's Prince Holding Group, has been sanctioned by the U.S. and U.K. for his involvement in alleged global "pig-butchering" scams. Authorities have seized over $15 billion in bitcoin linked to his network. Despite these serious charges, Cambodian authorities have not taken action against Chen, highlighting his significant political connections and influence within the country.
Chen Zhi Sanctioned by U.S. and U.K. for $15 Billion Bitcoin Scam
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