No. The Chinese perpetrators might have targeted predominantly Chinese victims originally, but not for quite some time.

First, China has vigorously cracked down on crypto, and secondly, it has engaged in large scale information campaigns and PSA warning about these scams.

The people trapped in the scam centres are often English speakers, such as from the Philippines, India, Hong Kong, anglophone African countries, etc., targeting Western countries, or nationals of the target countries, e.g. Thailand or Vietnam.

The Chinese gangsters, like Russian hackers, now prefer to target foreigners.

If you want to know more, I can recommend the usual books about crypto, the podcast and article series on Scam Inc by The Economist, and Martin Purbrink’s substack.

https://asiacrimecentury.substack.com/

https://asiacrimecentury.substack.com/p/scam-inc-explaining-...

https://asiacrimecentury.substack.com/p/betting-on-chaos-the...