2011-2014.
$BTC $ZAMA $ETH At 24, Chen Zhi moves from Fujian to Cambodia, chasing a future in property.
Three years later, he secures Cambodian citizenship.
Seen as a regular Chinese trader hunting growth abroad.
2015
Prince Holding Group launches.
Property, banks, finance, travel - it quickly grows into one of Cambodia’s biggest empires.
But Chen is quietly creating another side: coerced work sites.
Tall fences, razor wire, barracks filled with workers who cannot escape.
2018-2020
The system grows into something brutal.
Two centers hold 1,250 phones each, running 76,000 social accounts.
People are trafficked, offered jobs, then trapped into romance fraud.
Daily income reaches $30M.
That equals nearly $10.8B every year.
2020
By now, Chen controls 127,271 BTC in wallets only he can access.
At today’s prices, that stash is worth around $15B.
The money moves through over 100 shell firms across 12 countries.
His safety comes from the top. Advisors, special passports,
and $3M yachts handed out as favors to powerful officials.
2017-2024
The operation bloats into pure excess.
$16M home in London.
$133M office tower.
53m yacht.
Private planes.
He controls 25% of Cuba’s state cigar business, valued $2.8B.
Estimated wealth lands between $60-75 billion overall.
Every dollar comes from abuse and stealing.
October 2025
Pressure finally arrives.
America and Britain blacklist Chen, plus 146 partners, and over 100 firms.
The US takes $14B in BTC, marking the biggest seizure in US history.
Singapore seizes $115M, Hong Kong locks $353M, Taiwan $580M, Britain $100M+.
December 2025
Cambodia strips his citizenship away.
Years of paid protection vanish in a moment.
The diplomatic passport bought with luxury watches turns into useless paper.
2026
Chen is caught in Cambodia and sent back to China.
State television shows him cuffed and hooded, pulled from a plane by guards.
China’s security ministry labels him the leader of a massive cross-border fraud and gambling network.
Present
He remains locked in Chinese detention. No court date. No ruling.
Only long probes that may last years.
At the same time, UN data says over 100,000 people were trapped in Cambodia’s scam camps, and 120,000+ in Myanmar.
His future is unclear.
What do you think happens next?
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