Yesterday there was Qian Zhimin, and now there is Chen Zhi, the 'pig killing plate' has been destroyed. Weibo Smart Search: Chen Zhi, the mastermind of a Cambodian fraud group (born in 1987): 1、 Chen Zhi, Chairman of Cambodia Crown Prince Group (born in 1987) Core event: $15 billion in Bitcoin confiscated by the United States Case Overview Asset confiscation: In October 2025, the US Department of Justice, in collaboration with the UK government, froze and confiscated 127271 bitcoins (worth approximately $15 billion at the time) controlled by Chen Zhi, setting a record for the largest single asset confiscation in the history of the US Department of Justice. Accused of telecommunications fraud, money laundering, forced labor, human trafficking, etc. If convicted, the maximum sentence is 40 years in prison. Current status: Chen Zhi is on the run, and Interpol has initiated a joint pursuit by multiple countries. Details of Criminal Network Operations Scale of fraud: Operate at least 10 electronic fraud zones in Cambodia, imprison foreign workers, and forcibly carry out "pig killing" scams. Using 1250 mobile phones to manipulate 76000 social media accounts, carry out cryptocurrency investment fraud against victims worldwide (including 250 in the United States). Internal documents require employees to "avoid using overly beautiful female avatars" to enhance credibility. Money laundering pathway: The stolen funds were laundered through Bitcoin mines (Laos), shell companies (British Virgin Islands), and online casinos to purchase 19 properties in London (including a $126 million office building), private planes, Picasso paintings, and more. Identity background and political affiliation Born in Lianjiang, Fujian, started a business in Cambodia in 2009 and founded Taizi Group in 2015. Having citizenship of Cambodia, the United Kingdom, Cyprus, Vanuatu, and other countries, he was granted the title of "Duke" (Neak Oknha) of Cambodia. Closely related to the family of former Cambodian Prime Minister Hun Sen, accused of bribing in exchange for political asylum. ⚖️ 2、 Event Impact and Controversy Focus Doubts about the Security of Bitcoin The United States uses blockchain traceability technology to lock in the flow of funds and relies on legal authorization to obtain private key control, breaking the myth of "decentralized and untraceable Bitcoin". Case comparison: In 2025, the UK confiscated 61000 bitcoins (6.9 billion US dollars) from the Chinese fundraising case mastermind Qian Zhimin. International Cooperation and Subsequent Challenges Asset ownership: $15 billion in Bitcoin is temporarily held by the US government and may be compensated to global victims through administrative procedures in the future, but there are still legal barriers to cross-border recovery. Cambodia's attitude: The official statement is willing to cooperate with "formal requests with evidence", but emphasizes the principle of presumption of innocence.