The Prince Holding Group founder orchestrated “pig butchering” scams from Cambodia using forced labor. U.S. authorities recovered $11.6 billion in Bitcoin, exposing crypto’s vulnerability to global fraud networks.
XingChiOn January 7, with the full cooperation of relevant Cambodian authorities, a working group from the Ministry of Public Security successfully captured Chen Zhi, the head of a major cross-border gambling and fraud syndicate and founder of the Prince Group, in Cambodia. He has been repatriated to China.
JinseFinanceMany of his fellow villagers believe that if Chen Zhi hadn't been involved in "European and American trading," he wouldn't have gotten into trouble so quickly.
JinseFinance"Our core demand is very clear— to return the property to its rightful owner, that is, to return it to the Chinese victims."
JinseFinanceThis article attempts to analyze the operational logic of so-called "spider web capitalism 2.0" by starting with the Chen Zhi case.
JinseFinancePrices do speak, but they only express emotions: leveraged runs, liquidity withdrawals, and shifts in safe-haven flows all lower the curve, but they don't prove the algorithm has been broken.
JinseFinanceThe collapse of Chen Zhi’s empire and the confiscation of 15 billion bitcoins have sounded a wake-up call for us.
JinseFinanceBlockchain is the most basic technology of cryptocurrency, and its core is consensus mechanisms such as Proof of Work (PoW).
JinseFinanceDeepSeek, artificial intelligence, AIGC, Deng Jianpeng, Zhao Zhisong: DeepSeek's breakthrough and change - on the regulatory direction of generative artificial intelligence Golden Finance, this article was first published in the Journal of Xinjiang Normal University in 2025.
JinseFinanceHong Kong ETF debut disappoints as Bitcoin slips below $62k, signaling tepid market response. Lackluster trading volumes suggest short-term uncertainty.
Xu Lin