Li Xiong, a core member of the Chen Zhi criminal group, has been extradited from Cambodia back to China

According to the People's Daily, with strong support from relevant departments in Cambodia, a working group from the Ministry of Public Security of China successfully escorted Li Xiong, a core member of the Chen Zhi criminal group, back to China from Phnom Penh, Cambodia.

Investigations revealed that Li Xiong previously served as the chairman of Huiwang Group under the Prince Group and is suspected of multiple crimes including operating a casino, fraud, illegal business operations, and concealing criminal proceeds. Currently, Li Xiong has been subjected to compulsory measures in accordance with the law, and the related case is under further investigation. A relevant person in charge from the Ministry of Public Security of China stated that several core members of the Chen Zhi criminal group have been successively brought to justice, and public security agencies will continue to intensify efforts to capture and bring fugitives to justice.

Previously, U.S. federal prosecutors accused Chen Zhi of money laundering and telecommunications fraud, and in October 2025 revealed that the U.S. had seized 127,271 bitcoins that he once controlled, valued at $15 billion at the time.