律动BlockBeats
律动BlockBeats|Apr 01, 2026 13:39
Li Xiong, a core member of the Chen Zhi criminal group, was escorted back to China from Cambodia BlockBeats News: On April 1st, according to People's Daily, with strong support from relevant departments in Cambodia, the Chinese Ministry of Public Security dispatched a working group to successfully escort Li Xiong, a core member of the Chen Zhi criminal group, back to China from Phnom Penh, Cambodia. After investigation, it was found that Li Xiong had served as the chairman of Huiwang Group, a subsidiary of Taizi Group, and was suspected of multiple crimes such as opening a casino, fraud, illegal operations, and concealing criminal proceeds. At present, Li Xiong has been subject to compulsory measures in accordance with the law, and the relevant case is being further investigated. The relevant person in charge of the Chinese Ministry of Public Security stated that several key members of the Chen Zhi criminal group have arrived one after another, and the public security organs will continue to increase their efforts to resolutely arrest and bring back the fugitives. Previously, US federal prosecutors accused Prince Group's Chen Zhi of money laundering and telecom fraud, and revealed in October 2025 that the US had seized 127271 bitcoins he had previously controlled, worth $15 billion at the time.
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