Chen Zhi, founder and chairman of Prince Group, has been arrested in Cambodia and repatriated to China for investigation. In October 2025, the U.S. Department of Justice seized around 127,271 bitcoins belonging to Chen Zhi, worth approximately $15 billion at the time. This large-scale seizure marks a significant enforcement action targeting illicit cryptocurrency holdings.
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[IMPORTANT] Founder of Prince Group Arrested and 127,271 BTC Seized in Major U.S. DOJ Operation
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