Profile of Chen Zhi and the Scandal of the Theft of Billions of Dollars of Cryptocurrencies in the Heart of Cambodia
YOGYAKARTA - Digging into Chen Zhi's profile and uncovering shocking facts about his alleged involvement in the largest crypto scam. He was involved in an international cyber fraud network in Cambodia in recent years.
Despite having a thin bearded stature and a seemingly innocent face, the United States authorities have accused him of building a criminal empire that has harmed many people around the world.
Chen Zhi's profileReported by VOI from various sources, the following is the profile and some interesting things related to Chen Zhi that you need to know:
From the Internet Cafe EntrepreneurAccording to VN Express, Chen Zhi's profile life journey began simply in Fujian Province, China, where he started his career by managing an internet cafe (warnet).
The fortunes changed dramatically when Chen Zhi set foot in Cambodia in 2011. In just a short time, he managed to establish the Prince Holding Group in 2015, which later became the main driving force behind the transformation of the port city of Sihanoukville into a center for casinos and luxury real estate.
Under Chen Zhi's control, Prince Holding Group has expanded into almost all vital sectors, from apartments, hotels, shopping centers, to holding banking and financial services licenses.
The speed of Chen Zhi's wealth growth has often been in the spotlight, given that he was able to build a business empire that is closely tied to international standards in less than a decade.
The End of the Escape of the Cambodian "King of Scam"Reported by the Asgam website, after being an international fugitive, Chen Zhi's escape ended in the hands of Cambodian authorities in early January 2026.
In the cross-border cooperation operation, Chen was deported back to China along with two other colleagues, Xu Ji Liang and Shao Ji Hui.
Not only was he arrested, but Cambodia's citizenship of Chen was also officially revoked through a royal decree, marking the collapse of the political protection he had enjoyed.
The US Department of Justice's Serious ChargeThis case has recorded a dark history in the world of digital finance. The United States Department of Justice (DOJ) has charged Chen Zhi with conspiracy to commit fraud and money laundering.
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Not to be outdone, the US government has seized around 127,271 Bitcoins worth more than US$15 billion (equivalent to Rp232 trillion). This figure is recorded as the largest seizure of cryptocurrency ever carried out by law enforcement authorities in the world.
The Business Kingdom on Top of Human SufferingBehind the glitz of the Prince Holding Group, which dominates the property and banking sectors, a terrible dark side is revealed. Chen is accused of managing at least 10 "scam compounds" complexes in Cambodia.
In various places in Cambodia, migrant workers are allegedly trafficked, locked up in fenced-off barbed wire facilities, and forced to carry out crypto investment fraud schemes or pig butchery under the threat of violence.
Global Sanctions and Freezing of London AssetsThe scandal triggered a harsh reaction from various countries. Britain, Singapore, to South Korea have imposed sanctions on Chen's business network. In London, luxury assets worth millions of pounds, including luxury homes and office blocks in the center of the financial district have been frozen.
Although the Prince Group had denied all allegations, digital evidence and witness testimony strengthened the position of international prosecutors.
The discussion of Chen Zhi's profile is a sharp reminder that the luxury of crypto fraud will not last long, and proves that cross-border legal collaboration is capable of breaking down even the strongest criminal protection walls.