The Hong Kong High Court acted very decisively this time, directly freezing all assets of Prince Group's Chen Zhi, Hu Xiaowei, and their associated companies, involving a total amount of 8.94B Hong Kong dollars.


Bank deposits, securities account holdings, and listed company stocks under their names have all been controlled, along with the entire building on Kimberley Road in Tsim Sha Tsui and a detached villa on The Peak, all sealed off.
Just Chen Zhi personally owns assets in Hong Kong worth over 6.36 billion Hong Kong dollars, with an extremely substantial wealth.
I remember that behind this case also involves a massive crypto funding chain; the U.S. Department of Justice previously seized 127k Bitcoins, reportedly valued at up to 15 billion USD.
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