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Sunday, October 25, 2026Updated 10:07 UTC

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US Extradites Chinese National in $36.9M+ Crypto Scam With 174 Victims

Source: Bitcoin News · Oct 25, 2026 04:30 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

A Chinese national faces a U.S. money laundering charge after extradition from the Netherlands in an alleged cryptocurrency scam involving more than $36.9 million. Investigators identified 174 American victims whose funds allegedly moved through offshore banking and digital wallets. Extradition Brings Zhao Before California Court Zheng Zhao, a 44-year-old Chinese national, was arraigned in the […]

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