Singapore police have frozen assets valued at 150 million Singapore dollars (approximately 800 million RMB) linked to Chen Zhi, the alleged leader of the Jiepuzhai太子 Group, suspected of operating a transnational telecom fraud scheme. The assets, frozen on October 30, include six properties, bank and securities accounts, cash, a yacht, 11 cars, and multiple bottles of alcohol. This action follows the U.S. Department of Justice's seizure of approximately 15 billion USD in Bitcoin from Chen Zhi. Chen and his accomplices are reportedly not in Singapore.