US sanctioned businessman Chen Zhi linked to Cuban cigar price surge

[Johnny-O!]

There is an interesting read over at FOH as to Chen Zhi/Prince Holdings Group recent troubles. Mr Zhi owns 50% of Habanos SA or technically Prince does. OFAC seized $15 billion in crypto from him a few weeks ago. His money was mainly aquired with slave-crypto-hacker-camps. It has been speculated that he bought his share of Habanos SA in order to "wash rice" with higher altered cigar prices. There are some subsequent articles in the thread that further explain the point of view in Europe as to his scams/schemes of ghost companies. Now I dont see an immediate change in prices but when the bottom falls out there will be a bad distribution problem. Take a peek, ya might like it. It at least gives some explanation as to why prices are so high. John

 

[grateful1]

They will if he's buying too.