Zhou Hongyi: U.S. Government Fabricated Numerous Victims and Evidence in Chen Zhi Case, Core Aim is to "Legally" Seize $15 Billion in Assets

Odaily News: Zhou Hongyi, founder of 360 Group, stated on his personal social media that the Bitcoin transfer in the Chen Zhi case of the Crown Prince Group occurred in 2020, precisely during Trump's first term. After Biden took office in 2021, the U.S. discovered these coins were of unclear origin but did not immediately act to publicly seize them. Instead, they kept the assets in a technically controlled dormant state for an extended period. It wasn't until 2025 when Trump returned to office that the U.S. government publicly announced the seizure of these assets. However, the peculiar thing is, according to the U.S. government's legal documents indicting Chen Zhi, there were no U.S. citizens who had fallen victim to telecom fraud before the U.S. stole these digital assets. This is like shooting an arrow first and then drawing the target. To be more specific, the U.S. has already formed a perfect closed loop of "attack, harvest, and evidence collection." Even more ironically, on October 8, 2025, after the U.S. Department of Justice announced the indictment, multiple so-called victim claimant groups emerged within the U.S. However, in-depth analysis revealed that these claimants were all victims of telecom fraud between May 2020 and August 2022, and the timing and asset flow completely do not match this batch of Bitcoin. In other words, this batch of Bitcoin was stolen by hackers as early as December 2020 and has absolutely no connection to these so-called domestic U.S. victims. The so-called victims are merely a backdrop used to build a case for "legal confiscation." The entire indictment itself is riddled with holes and is a typical patchwork job. For example, the "phone wall" image in the indictment is actually from March 2023, when our CCTV's 315 Gala exposed the criminal tools of an online water army group. The stools in the picture are commonly used domestically in China. This kind of low-level error of misattribution exposes not only the sloppiness of the evidence collection process but also the true intent of using crime-fighting as a pretext to cover up the essence of asset plunder. Therefore, the most terrifying aspect of state-level attacks is not a single breach, but long-term infiltration and long-term control. Once the rules and law enforcement conditions are in place, the entire operation can be executed seamlessly. You think they are fighting crime, but in many cases, they are actually turning others' assets into their own "strategic reserves."