Crypto pyramid scheme leader extradited to China after global pursuit

As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases.

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The Chinese government has announced that Zhang Moumou, the mastermind behind a massive crypto pyramid scheme, has been extradited from Thailand to China following an extensive international manhunt. 

According to local media, this marks the first time China has successfully extradited an economic crime suspect from Thailand since the two countries signed the China-Thailand Extradition Treaty in 1999. 

Zhang’s extradition on Aug. 20 represents a significant milestone in the global fight against economic crime, particularly in the rapidly evolving digital currency sector.

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