According to Bloomberg, Chinese businessman Chen Zhi, who is suspected of operating a transnational "pig-butchering" scam network, was extradited back to China in January. However, his lawyer recently filed a motion in the U.S. Federal Court to revoke the U.S. government's seizure of approximately 127,271 Bitcoins. The lawyer claims that the charges are "clearly incorrect" and questions the connection between these Bitcoins and fraud or money laundering activities. Previously, the U.S. Department of Justice accused Chen Zhi of running a transnational scam and gambling network and froze a large amount of his assets.

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