Cambodia’s $15B Crypto Scam Empire Collapses
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Daily Voice on MSN
Chen Zhi captured in $15B 'pig-butchering' crypto scam
The suspected kingpin of one of the world's largest online scam and slave-labor operations has been captured, authorities said. Chen Zhi, 38, was arrested in Cambodia and extradited to China this week,
Chen Zhi faces an indictment in federal court in Brooklyn on charges of swindling millions of dollars from Americans as part of a global cryptocurrency scam.
Bitcoin billionaire Chen Zhi has been arrested in Asia over a massive $11 billion "pig butchering" crypto scam.
WPBF Channel 25 on MSN
Cryptocurrency scam victims lose $333 million in 2025
According to the FBI, scammers caused nearly $250 million in losses in 2024, and from January through November 2025, that figure rose to $333 million.
Blockchain scams are increasingly prevalent, and it’s essential to understand what they are and how to recognize them before they take a toll on your finances. For instance, John from Sunset Beach, North Carolina, recently reached out with a pressing ...
Michael Saylor gets to stay in the club — for now. Index provider MSCI shelved a controversial plan that could have ejected crypto-heavy firms like Strategy Inc. from major indexes, but signaled a broader crackdown may be coming.
Crypto.com’s sports trading platform is a marketplace — regulated by the Commodity Futures Trading Commission — available in most U.S. states, plus DC in 2025. Users can trade “yes/no” contracts on sports outcomes using regular currency or ...
If you’ve already sent money, stop sending more and report it immediately to the FTC or the FBI. You should also notify your crypto exchange. While recovery is rare, exchanges can sometimes flag suspicious wallets or freeze assets before they’re laundered.