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The Independent UK
The Independent UK
National
Huizhong Wu

$500m in assets seized from mysterious crypto scam billionaire

Hundreds of millions of dollars in assets belonging to a mysterious Cambodian businessman, Chen Zhi, have been seized by prosecutors in Taiwan, Hong Kong, and Singapore.

This action follows accusations from the United States that Mr Zhi, founder of Cambodia’s Prince Holding Group, reportedly leads a vast global cyber-scam syndicate.

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