[Prince Group's Chen Zhi Arrested in Cambodia, Deported to China for Investigation] BlockBeats news, January 7, according to Beijing Daily, Chen Zhi, founder and chairman of Prince Group, was arrested in Cambodia and has been deported to China for investigation by relevant authorities. Chen Zhi, founder of Cambodia's telecom fraud crime syndicate 'Prince Group,' was born on December 16, 1987, in Lianjiang County, Fuzhou City, Fujian Province, China. He dropped out of school after completing the second year of middle school and previously worked in internet-related jobs in China. In 2011, he went to Cambodia to invest in real estate, and in 2014, he obtained Cambodian citizenship through investment immigration (later renouncing his Chinese citizenship). In 2015, he founded Prince Holding Group (abbreviated as Prince Group), which is suspected of operating a large-scale transnational fraud syndicate. In mid-October 2025, the United States and the United Kingdom announced charges against Chen Zhi and confiscated approximately $15 billion worth of Bitcoin he held.