Major crypto fraud case comes to light as authorities release evidence related to a large-scale online scam operation. The mastermind behind an extensive pig-butchering scheme, identified as Chen Zhi, allegedly orchestrated systematic theft through deceptive crypto investment schemes.
The scale of this operation is staggering—reports indicate approximately $30 million was stolen daily through coordinated online fraud tactics. This represents one of the largest documented cases of organized crypto-related financial crime.
The case highlights the persistent vulnerability of retail investors to sophisticated scam networks that exploit trust and promise unrealistic returns. Authorities' action sends a clear message about the consequences of large-scale financial fraud targeting the cryptocurrency community.
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NotAFinancialAdvice
· 01-10 05:00
Days like these, another major case…pig butchering scams every day, it's really frustrating
Chen Zhi, this guy is ruthless, 30 million a day…honestly, how are we supposed to play now
Those still believing in stable returns, wake up everyone
People doing this stuff really should go to prison, I don't have a shred of sympathy for them
It's so hard for retail investors, dodging pitfalls every day
These days making money is easy, but one wrong move and it's all gone
Good investigation, hopefully they can recover some…though the odds aren't great
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zkNoob
· 01-10 04:59
Oh my god, 3 billion a day? How many people does that have to scam?
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StrawberryIce
· 01-10 04:47
Oh my god, 30 million yuan lost daily, this is the real "passive income" hahaha
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AllInAlice
· 01-10 04:41
I have to say, this pig butchering scam is really outrageous—30 million a day? How many people would they have to scam for that?
Major crypto fraud case comes to light as authorities release evidence related to a large-scale online scam operation. The mastermind behind an extensive pig-butchering scheme, identified as Chen Zhi, allegedly orchestrated systematic theft through deceptive crypto investment schemes.
The scale of this operation is staggering—reports indicate approximately $30 million was stolen daily through coordinated online fraud tactics. This represents one of the largest documented cases of organized crypto-related financial crime.
The case highlights the persistent vulnerability of retail investors to sophisticated scam networks that exploit trust and promise unrealistic returns. Authorities' action sends a clear message about the consequences of large-scale financial fraud targeting the cryptocurrency community.