Zheng Zhao Extradited to U.S. in Alleged $36.9 Million Crypto Scam Case
The Justice Department says Zheng Zhao was extradited from the Netherlands and arraigned in California on a money-laundering conspiracy charge. The alleged scheme targeted 174 U.S. victims, with more than $36.9 million passing through a Bahamas bank account before conversion to USDT and transfer to a wallet controlled in Cambodia.
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