The leader of the "Prince Group," Chen Zhi, was reported to have been a victim of "black-on-black" crime, with over 31 million RMB embezzled by his subordinates.
BlockBeats News, November 10th. According to Red Star News, the founder of the Cambodia-based online scam group, the "Prince Group," which is already under investigation by multiple countries' police forces, was once involved in a "black-on-black" scheme by David Wong, the sole person in charge of a Singaporean family office.
It is understood that David Wong was dismissed in July 2021, and between 2021 and 2022, Chen Zhi filed multiple lawsuits against David Wong, accusing him of "embezzling" 5.84 million Singapore dollars (about 31.91 million RMB) from his bank account. There are over 80 related legal documents.
You may also like
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
