2026-01-08 03:40:15

#数字资产行情上升 $ZKP $GUN

【Global Fugitive Chase Shakes the Crypto World】$15 billion in Bitcoin illicit funds and 127,000 BTC confiscated—how big is this case?

Just after the New Year, a explosive news story caused a stir in the crypto community. Chen Zhi, founder of the Taizi Group, was arrested in Cambodia and deported back to China. The U.S. Department of Justice immediately labeled him as "the head of Asia's largest transnational crime organization." Even more shocking, 127,000 Bitcoin (equivalent to $15 billion) under his name was seized by the U.S. government—setting the record for the largest crypto asset confiscation in U.S. history.

You might ask, what exactly did this guy do to cause such a big fuss? Simply put, he used 76,000 fake social media accounts to run investment scams—commonly known as "pig butchering" scams. Using high returns as bait, he tricked investors worldwide, causing many people's retirement savings and medical funds to be lost entirely. On a darker note, he established 10 industrial parks in Cambodia, forcibly detaining workers to participate in scams, and refused to comply or face violence. U.S. prosecutors described it as a "modern slavery and high-tech scam hybrid."

The scale of asset freezes by multiple countries is also staggering: 19 luxury homes in London, 6 properties in Singapore, over 3.5 billion in assets across Hong Kong and Taiwan, along with 26 Rolls-Royces and Ferraris seized. This individual, who started as an internet cafe manager, built his empire w

ZKP-7,42%

GUN-8,86%

BTC0,13%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

FlashLoanPhantom

· 5h ago

Wow, 127,000 BTC confiscated directly. This guy really turned the "wealth code" of the crypto world into a negative example.

View OriginalReply0

SerLiquidated

· 23h ago

This $15 billion has been confiscated, which shows that on-chain assets really can't escape. Everyone still needs to be cautious.

View OriginalReply0

MEVHunter_9000

· 01-08 04:09

15 billion USD worth of BTC has been confiscated. This guy really played himself... By the way, this is what a true "whale" liquidation looks like, haha.

View OriginalReply0

just_here_for_vibes

· 01-08 03:44

127,000 BTC confiscated, this scale is truly astonishing, but retail investors should have been alert to this trick long ago.

View OriginalReply0

MoneyBurner

· 01-08 03:44

127,000 BTC Seized, this data is everywhere, and it can be verified on the blockchain... shows that the regulatory forces are really taking action. --- I've seen this scam tactic personally. When the returns are too high, you should run immediately—no ifs or buts. --- A record $15 billion seized... The US's approach is pretty harsh. The stolen funds might still cause some disputes later, but it's better than flowing into the black market. --- 76,000 fake accounts? They must be pretty idle... With such a scam chain, breaking it involves multiple countries, so joint efforts are really necessary to shut it down. --- I don't think this incident has that much warning significance. The big fish have already transferred their assets; those caught are just the ones who didn't run fast enough. --- The biggest risk before building a position is something like this... Choosing a platform really depends on on-chain data and compliance background—don't chase that liquidity premium. --- How to handle the stolen funds is the real key. Throwing 127,000 BTC into the market to dump? Or freezing them? The impact on the market would be huge. --- Honestly, I've seen similar scams before. When they ask for your verification code, you know something's wrong. Just block them immediately—no explanation needed.

View OriginalReply0