China extradited Zhang, linked to a 100-billion-yuan financial crime, from Thailand under their extradition treaty.

China has extradited Zhang, a suspect linked to a 100-billion-yuan ($14bn) financial crime, from Thailand. Zhang, who led a pyramid scam operation disguised as virtual currency issuance since 2012, is the first financial crime suspect to be extradited to China from Thailand since their extradition treaty began in 1999. Thai police arrested him in 2022, and Thailand's Appeals Court ordered his extradition in May, a decision supported by the Thai government.

August 23, 2024
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