Cambodia extradites alleged crypto fraud kingpin to China
Cambodia has extradited an alleged major financial crime boss to China, marking a significant move in international efforts to combat complex cyber fraud rings. The Cambodian Interior Ministry confirmed the extradition of Chen Zhi, the founder of the conglomerate Prince Group, along with two other Chinese nationals, following a formal request from Beijing.
Details of the Extradition and Charges
The extradition was executed under bilateral agreements for fighting transnational crime. Chen Zhi, born in China’s Fujian province in 1987, had obtained Cambodian citizenship in 2014. His citizenship was revoked last month, facilitating his handover. He is accused by Chinese authorities of operating a criminal network involved in cryptocurrency…
