Global Crackdown on Crypto Fraud and Cybercrime

Chen Zhi, a young Chinese-born tycoon and prominent Cambodian businessman, is accused by US authorities of running a vast transnational criminal network involved in online scams, forced labor, and money laundering, with assets seized worth $15 billion. Despite his philanthropic image, he faces charges of money laundering and wire fraud, and remains at large, highlighting Cambodia's role as a hub for cybercrime and organized crime, with significant political and economic implications.