Chen Zhi Arrested as Cambodia and China Collaborate to Tackle Criminal Network
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Transnational Crime Collaboration: Chen Zhi and two associates were arrested in Cambodia and swiftly extradited to China, demonstrating a strong collaboration between Cambodian and Chinese law enforcement agencies that could significantly disrupt his extensive criminal network.
- U.S. Charges and Asset Freezes: U.S. prosecutors have charged Chen with running a criminal enterprise based on 'human suffering,' leading to South Korea freezing millions in bank deposits, while Thailand and Singapore have also seized assets, highlighting the international community's serious concern over his activities.
- Fraud and Money Laundering Operations: Chen is accused of operating scam compounds like the Golden Fortune Science and Technology Park, with alleged funds linked to approximately $15 billion, reflecting the complexity of his criminal network and its potential threat to the global financial system.
- Political Ties and Business Expansion: Chen built close relationships with Cambodian political elites, and while his company denies any involvement in scams, his arrest may trigger deeper investigations into his business practices and connections with local power structures.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
