Chinese Official Report: The US Profited Nearly $20 Billion from Zhao Changpeng and Chen Zhi's Cases Using Technological Hegemony

BlockBeats News, February 26, the joint release of the "Top Player" - A Deep Analysis of the Global Cryptocurrency Asset Harvesting Operation Under U.S. Technological Hegemony by the China National Computer Virus Emergency Response Center and other departments showcased the process of the U.S. harvesting global cryptocurrency assets using technological hegemony. According to incomplete statistics, from 2022 to 2025, the U.S. has cumulatively seized global cryptocurrency assets worth over 30 billion U.S. dollars through various cases, with the asset seizure scale in just the Chen Zhi case alone reaching 15 billion U.S. dollars, accounting for 50%.

The report shows that in October 2025, the U.S. Eastern District of New York Federal Prosecutor's Office announced criminal charges against Chen Zhi, the founder of the Cambodian Prince Group, on charges including telecommunications network fraud, money laundering, etc., while prominently announcing the seizure of about 127,000 Bitcoins controlled by him, valued at about 15 billion U.S. dollars based on the market price at the time, setting a record for the largest virtual asset seizure in the history of the U.S. Department of Justice.

The case of Binance founder Changpeng Zhao is another typical example of the U.S. using judicial hegemony and technological monitoring means to force global virtual asset platforms to comply with its regulatory rules, achieving economic harvesting and rule output. From 2023 to 2025, the U.S. initiated a "civil + criminal" dual accountability against Changpeng Zhao, and eventually, based on a plea agreement, Binance platform paid a fine of 4.3 billion U.S. dollars.

"During the case investigation, the U.S. used comprehensive technological monitoring means to achieve full penetration and evidence collection of Binance's operational data, user data, and transaction data, demonstrating its technological advantage in the field of digital asset platform monitoring." Dou Zhenhua further explained that the U.S. penetrated Binance's internal servers through hacking techniques, obtained core operational data and executive communication records, confirming that Binance executives were well aware of U.S. regulatory rules but intentionally evaded compliance requirements.