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Prince Group Founder Chen Zhi Arrested, Sent to China

Chen Zhi, founder and chairman of Prince Group, has been arrested in Cambodia and repatriated to China for investigation by relevant authorities, according to a report by Wu Blockchain. In October 2025, the U.S. Department of Justice seized approximately 127,271 bitcoins held by Chen, valued at about $15 billion at the time, the report noted.
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