At just 37 years old, Chen Zhi, a Cambodian tycoon with a baby-faced appearance, stands accused of orchestrating one of the largest cyber-fraud operations in history. The U.S. Department of Justice has charged him with running scam compounds in Cambodia that allegedly stole billions in cryptocurrency from victims worldwide. In a landmark move, the U.S. Treasury Department seized over $14 billion in bitcoin linked to him, marking the largest cryptocurrency seizure ever. Despite these allegations, Chen’s company, the Cambodian Prince Group, portrays him as a respected entrepreneur and philanthropist. Born in China’s Fujian province, Chen moved to Cambodia in the early 2010s, capitalizing on the country’s real estate boom fueled by Chinese investment and the Belt and Road Initiative. He quickly amassed wealth, founding the Prince Group in 2015, which expanded into banking, aviation, and luxury property development. Chen’s rise was marked by his acquisition of Cambodian citizenship, Cypriot and Vanuatu passports, and high-profile connections, including advisory roles to Cambodia’s political elite. However, his empire began to unravel in 2019 when Cambodia’s online gambling ban, prompted by pressure from China, led to a mass exodus of Chinese nationals and a collapse in property values. U.S. and UK investigations allege that Chen’s wealth stemmed from online fraud, human trafficking, and money laundering, with sanctions now targeting 128 companies and 17 individuals linked to his operations. Despite his philanthropic image, Chen remains an enigmatic figure, having disappeared from public view since the sanctions were announced. The case has raised questions about Cambodia’s tolerance of scam businesses and the global financial systems that enabled Chen’s alleged crimes.