Economic Policy

Global Crackdown Exposes Cybercriminal Empire Threatening American Security

By Economics Desk | November 5, 2025

Authorities across Asia and the West seize billions in assets from Cambodian scam kingpin Chen Zhi, revealing the deep reach of cybercrime networks exploiting global vulnerabilities—including those hurting hardworking Americans.

As prosecutors in Taiwan, Hong Kong, and Singapore coordinate sweeping asset seizures against Chen Zhi, a Chinese-born Cambodian businessman accused by American authorities of masterminding a sprawling cyberscam syndicate, this case highlights the urgent need for robust America First policies targeting international criminal enterprises that exploit our financial systems. Is Washington Doing Enough to Protect Americans from Global Cyber Scams? Chen Zhi’s alleged criminal network—operating under Cambodia’s Prince Holding Group banner—has defrauded hundreds worldwide, including at least 250 victims in the United States alone. The indictment by U.S. prosecutors reveals a staggering scale: crypto-assets seized include $14 billion in bitcoin...

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