GoKawiilZhen Zhao extradited from Netherlands over $36.9M crypto pig-butchering scam
Chinese national Zhen Zhao, 44, was arraigned in California after being extradited from the Netherlands on charges tied to a cryptocurrency investment fraud scheme that stole nearly $37 million from 174 U.S. victims. Prosecutors say Zhao and accomplices in the U.S. and Cambodia ran fake trading websites and used Deltec Bank in the Bahamas to convert victim funds into Tether before routing them to scam centers in Cambodia. He was charged in August 2025 with conspiracy to commit money laundering and faces up to 20 years in prison if convicted.