China Business Uncovered Podcast #1: A $15 Billion Bitcoin Seizure and the Fall of a Cybercrime Kingpin

China Business Uncovered Podcast #1: A $15 Billion Bitcoin Seizure and the Fall of a Cybercrime Kingpin

Author: Caixin Global February 26, 2026 Duration: 31:28

Program description:

China Business Uncovered takes listeners inside China's business world through the eyes of reporters who investigate it firsthand. 

Featuring open conversations with Caixin journalists, each episode breaks down the most complex developments inside Chinese companies. Tune in to understand how critical stories are covered, what's really happening beneath the surface, and why it matters for businesses and investors operating in and around China.

Recorded in Mandarin and produced in English with the help of AI, China Business Uncovered brings Caixin's in-depth investigative reporting to a global audience.

Episode intro:

A Chinese tycoon's mysterious rise in Cambodia, and behind him, an alleged scam network that ensnared victims in China and the U.S. In this debut episode of China Business Uncovered, host Kelsey Cheng speaks with Caixin reporter Tang Ailin to unpack the sudden fall of Chen Zhi, his empire Prince Holding Group, and the seizure of $15 billion in bitcoin.

(01:32) Why Chen's fall caught the world's attention

(05:06) Chen's early life in China and his connection to a hacker group

(08:12) Arriving in Cambodia and a mysterious $2 million loan

(17:27) Pig-butchering schemes, romance scam scripts and money laundering services

(23:36) A chilling portrait of Chen Zhi

(27:05) Caixin's exclusive findings

This episode is based on this Caixin story:

Cover Story: Six Things to Know About the Fall of Cambodia's Cybercrime Kingpin Chen Zhi

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Keeping a finger on the pulse of China's complex and fast-moving economy is a daily challenge. China Business Insider-News From Caixin Global cuts through the noise with concise, authoritative reporting you can digest on the go. Produced by the seasoned editors at Caixin Global, this podcast delivers essential intelligence directly from the ground, focusing on the pivotal shifts in finance, technology, and policy that define the business landscape. Each episode feels like a briefing from a well-informed colleague, unpacking the implications behind the headlines with clarity and context. You'll hear regular segments like the Caixin China Biz Roundup, which condenses the weekday's most critical developments into an efficient fifteen-minute listen, blending sharp analysis with a conversational tone. The feed also includes the deeper-dive Caixin-Sinica Business Brief and the narrative-driven China Stories, offering a multi-layered perspective. For professionals, investors, or anyone curious about the forces shaping global markets, this is an indispensable resource. It transforms distant news into understandable trends, making the intricate mechanics of China's economic engine accessible and relevant. Tune in for a direct line to the insights that matter, delivered with the credibility and depth Caixin is known for.
Author: Language: en-us Episodes: 100

China Business Insider -  News From Caixin Global
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