Overview
- Prosecutors accuse the network of routing illicit proceeds through shell companies and high‑value purchases in Taiwan and of exploiting Taiwanese nationals via online gambling and underground remittances.
- About NT$10.8 billion was remitted into Taiwan for alleged laundering, and authorities have seized more than NT$5.5 billion in related assets including real estate and vehicles.
- Thirty‑three seized luxury cars, including Ferraris, were put up for auction in Taiwan this week as part of the recovery effort.
- The 62 defendants and 13 companies charged include chairman Chen Zhi, who was arrested in Cambodia and deported to China in January; his current whereabouts have not been disclosed.
- The Taiwan case advances alongside U.S. criminal charges and a civil forfeiture bid for 127,271 BTC, while Hong Kong and Singapore report related asset actions in coordinated probes.