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October 16, 2025Finbold logoFinbold

Crypto scammer on the run with $1.8 billion in Bitcoin

Chen Zhi chairman of Cambodia’s Prince Group has become the central figure in one of the largest crypto fraud scandals on ￰0￱ week ￰1￱ sanctioned him over his role in orchestrating vast “ pig butchering ” operations across Southeast Asia

where forced labor compounds were allegedly used to defraud victims around the ￰2￱ data confirms the scale of his digital fortune: addresses tied to Chen hold nearly 15,957 Bitcoin worth around $1.77 billion at current ￰3￱ Arkham the wallet cluster labeled chen-zhi-sanctioned shows a portfolio composed entirely of Bitcoin with BTC trading near $110,700 at press ￰4￱ reveal how his empire consolidated its holdings over years

with multi-thousand BTC inflows dating back three ￰5￱ Zhi account movement.

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