$37 million involved! Suspect in transnational crypto scam extradited from the Netherlands to the United States
On October 23, the U.S. Department of Justice announced that 44-year-old Chinese national Zheng Zhao had been extradited from the Netherlands to the United States on suspicion of participating in a crypto investment fraud and money laundering network operated by scam centers in Cambodia. The investigation identified 174 U.S. victims and traced the movement of more than $36.9 million in funds.
On October 23, the U.S. Department of Justice announced that 44-year-old Chinese national Zheng Zhao had been extradited from the Netherlands to the United States on suspicion of participating in a crypto investment fraud and money laundering network operated by scam centers in Cambodia. The investigation identified 174 U.S. victims and traced the movement of more than $36.9 million in funds.