Hong Kong — He is a baby-faced tycoon who rose to the highest echelons of power in his adopted home of Cambodia, where he bestows scholarships and runs philanthropy programs while overseeing one of the country’s largest and best-connected conglomerates. But behind this façade, Chen Zhi, 37, runs one of the largest transnational criminal organizations in Asia, US authorities say, …
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This file photo shows bitcoin tokens in Sandy, Utah. Rick Bowmer/AP hide caption toggle caption Rick Bowmer/AP The U.S. government has seized bitcoin worth nearly $15 billion and charged a joint U.K.-Cambodian businessman, Prince Holding Group Chairman Chen Zhu, with wire fraud and money laundering. The Justice Department says the bitcoin is currently in U.S. government custody and calls the …
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Rupert Murdoch is ensuring the handoff of power to his oldest son Lachlan, ending a saga over the control of News Corp. and Fox News. Father and son are seen here in July 2017, as they attended the Allen & Company Sun Valley Conference in Sun Valley, Idaho. Drew Angerer/Getty Images hide caption toggle caption Drew Angerer/Getty Images Rupert Murdoch, …
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