The online world is now a little safer after Chen Zhi, the crypto billionaire who masterminded an online fraud syndicate in the form of pig slaughter and human slavery in Cambodia, was extradited to China to face trial.
The entrepreneur who leads the Prince Group was arrested in Cambodia on January 6 before being extradited to China on January 7. Chen is accused of being the head of a global crypto fraud operation worth billions of dollars. This includes operating an online fraud call center that uses human slavery.
Those who refuse to commit fraudulent activities will be tortured or killed if they try to escape. Among the victims are Malaysians who were promised lucrative job opportunities.
Last November, the Republic of Singapore Police seized assets worth S$150 million belonging to the Prince Group in the form of six properties, bank accounts, cash, 11 cars, liquor and a yacht. In October, the US Department of Justice (DOJ) seized $15 billion worth of Bitcoin from a crypto wallet believed to belong to Chen Zhi,
