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Huione Group head ‘Boss Xi’ reportedly arrested then released

Reports claim to show the arrest of “Boss Xi” in Cambodia yesterday, with rumors of his release later circulating on Telegram and X.

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Inside DeFi 001

Inside DeFi looks at the uptick in DeFi exploits, an all-time high for Ethereum transactions, and World Liberty Finance’s governance vote.

Arrests, money laundering service shutdowns, releases, and escapes are all part of an ongoing crackdown on Cambodian scam operations.

The French civil servant was found using tax software to snoop on crypto investors, French billionaire Vincent Bolloré, and prison guards.

Chen Zhi is head of the Prince Group and had previously laundered around $15B in BTC, revealed to have been seized in October.