China Extradites Notorious $14B Crypto Pyramid Suspect from Thailand
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Extradition of Financial Criminal: Zhang Moumou, the alleged leader of a $14 billion crypto pyramid scheme, has been extradited from Thailand to China, marking the first use of the 1999 China-Thailand extradition treaty for a financial criminal suspect.
Scale of the Scheme: The MBI Group, led by Zhang, deceived over 10 million investors by promising high returns through cryptocurrency investments, amassing over 100 billion yuan ($14 billion) in total funds.
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.
