Cambodian National Extradited to China Over $2.77 Trillion Online Gambling Case

She Zhijiang’s alleged control of extensive gambling networks and blockchain fraud highlights growing concerns over cross-border digital crime and illicit financing.

Summary

Cambodian national She Zhijiang was extradited from Thailand to China on November 12 to face charges of operating 239 illegal gambling sites. Authorities claim these platforms processed over 12.63 trillion baht ($2.77 trillion), with links to blockchain financing fraud. The case underscores the increasing role of blockchain technology in transnational criminal activities.

Terms & Concepts
  • Blockchain financing fraud: A scheme involving deceptive use of blockchain-based systems or assets to secure illicit funds or investments.