Chen Zhi was deported back to China, sending an extremely dangerous yet widely overlooked signal: your "profits" taken out are no longer safe either.
Pay attention to one detail—before Chen Zhi was brought back, there was no extradition procedure, no legal maneuvering, not even any public statement.
The person just came back.
In my view, this event released at least three signals that could not be clearer.
**First layer:** China's "offshore fishing" capabilities far exceed what most people imagine. You think changing nationality keeps you safe? You think getting a Cambodian duke title, diplomatic passport, and political-business networks provide protection? The fact is: none of it works.
When the system decides it wants someone, identity is just a label, not a shield.
The old logic of "as long as I'm not in the country, they can't touch me" has completely expired.
**Second layer:** Capitalism + socialism are forming a double iron fist.
You thought you were clever, hedging your bets on both sides, playing both ends: configuring assets in the US, buying luxury properties, hoarding Bitcoin; making money in China, operating in gray areas, treading the edge of rules.
What's the result? The US handles confiscating your Bitcoin and freezing your London mansion; China handles bringing your person back. One side collects money, the other collects people. Two systems, simultaneously closing the net. You don't even have a direction to escape.
This isn't opposition—it's division of labor and cooperation.
**Third layer:** The rules of the game have completely changed.
Previously, gray-area players' most trusted saying was: "As long as profits go out and you stay neutral, you're safe." Now reality has brutally told you: even if you stay uninvolved, they will still get you.
The lines you crossed won't disappear because you left the country; the risks you created won't reset because you changed your passport. Those who should be dealt with will definitely be dealt with. The only difference is: sooner or later.
For the state, this is the most cost-effective thing: it replenishes the treasury, establishes state authority, and conveniently tells everyone—stop harboring illusions.
So don't misjudge the significance of this event. Chen Zhi is not an isolated case, but a sample. It's clear—China's offshore fishing is only just beginning. #加密市场观察
Chen Zhi was deported back to China, sending an extremely dangerous yet widely overlooked signal: your "profits" taken out are no longer safe either.
Pay attention to one detail—before Chen Zhi was brought back, there was no extradition procedure, no legal maneuvering, not even any public statement.
The person just came back.
In my view, this event released at least three signals that could not be clearer.
**First layer:** China's "offshore fishing" capabilities far exceed what most people imagine. You think changing nationality keeps you safe? You think getting a Cambodian duke title, diplomatic passport, and political-business networks provide protection? The fact is: none of it works.
When the system decides it wants someone, identity is just a label, not a shield.
The old logic of "as long as I'm not in the country, they can't touch me" has completely expired.
**Second layer:** Capitalism + socialism are forming a double iron fist.
You thought you were clever, hedging your bets on both sides, playing both ends: configuring assets in the US, buying luxury properties, hoarding Bitcoin; making money in China, operating in gray areas, treading the edge of rules.
What's the result? The US handles confiscating your Bitcoin and freezing your London mansion; China handles bringing your person back. One side collects money, the other collects people. Two systems, simultaneously closing the net. You don't even have a direction to escape.
This isn't opposition—it's division of labor and cooperation.
**Third layer:** The rules of the game have completely changed.
Previously, gray-area players' most trusted saying was: "As long as profits go out and you stay neutral, you're safe." Now reality has brutally told you: even if you stay uninvolved, they will still get you.
The lines you crossed won't disappear because you left the country; the risks you created won't reset because you changed your passport. Those who should be dealt with will definitely be dealt with. The only difference is: sooner or later.
For the state, this is the most cost-effective thing: it replenishes the treasury, establishes state authority, and conveniently tells everyone—stop harboring illusions.
So don't misjudge the significance of this event. Chen Zhi is not an isolated case, but a sample. It's clear—China's offshore fishing is only just beginning. #加密市场观察