
Bitcoin.不求人|Oct 17, 2025 02:41
A guy from Fujian worked hard for decades, running telecom fraud schemes that scammed Chinese people out of 100 billion RMB. A small portion of it went to bribe high-ranking officials in the Cambodian government, but the vast majority, in the form of Bitcoin, ended up being seized by the U.S.
Chen Zhi’s $14 billion worth of Bitcoin, mostly stolen from the hard-earned money of Chinese citizens, has now been converted into confiscated assets by the U.S. Treasury. This is a real-life version of 'wealth plundering': the scam originated in China, the victims are in China, the perpetrator is a Fujian native based in Cambodia, but the ultimate winner is the United States. Who can you even reason with?
This incident carries a profound lesson: in the globalized financial system, any criminal capital tied to the U.S. dollar or cryptocurrency is ultimately at the mercy of the United States. The U.S. holds the global 'asset conviction power,' and this is the very core of its financial hegemony.
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