Hunt for 1MDB Fugitive Jho Low Takes a Crypto Turn, and Binance’s CZ Took Note

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News report on Binance founder CZ suggesting a meme coin bounty system to investigate media reports, inspired by the Jho Low hunt.
  • Journalists claim Jho Low is living in Shanghai with a fake Australian passport
  • $JHOLOW meme coin is launched to reward whistleblowers with crypto payouts
  • CZ proposes a similar meme coin bounty to uncover who’s behind Binance FUD

Two journalists behind the 1MDB corruption exposé claim that fugitive financier Jho Low is living in a gated community in Shanghai under a false identity. The investigators, Tom Wright and Bradley Hope, shared this update in a recent livestream, alleging that Low now goes by the name Constantinos Achilles Veis and resides in the luxury Green Hills estate.

According to Wright, Low is not in hiding but appears to be protected and active, possibly helping Chinese-linked companies navigate international sanctions. Hope added that Low remains involved in global finance, despite facing international arrest warrants.

The journalists’ claims have prompted Malaysian lawmakers to urge immediate government action, with one calling for a RM10 million reward for information leading to Low’s arrest. Malaysian Prime Minister Anwar Ibrahim has acknowledged the reports but stated he has no official confirmation.

A meme coin bounty to crowdsource intel

To intensify their search, Wright and Hope have launched an innovative meme coin bounty system called $JHOLOW. 

This initiative aims to crowdsource intelligence on Low’s whereabouts by offering crypto payouts for verifiable tips, with rewards varying based on the quality of the information.

CZ suggests a similar bounty to fight Binance “FUD”

The approach drew attention across the crypto space. Binance founder Changpeng Zhao (CZ) posted on X, 

“Tom Wright got Jho Low’s info by issuing a meme coin as incentive for informants. Should we do the same to uncover who is behind (sponsoring) all the recent FUD from Bloomberg, WSJ, and NYT?” His post referenced the bounty system and suggested using a similar method to trace the origin of negative reports targeting Binance.

Related : CZ on New BTC High: A “Small Fraction” of Future Price

Meanwhile, Malaysian police have confirmed that the Interpol Red Notice for Low remains active, though little progress has been made in locating him. The latest claims suggest Low continues to evade justice while living in comfort under a fake name.

The scale of the 1MDB scandal remains vast, with authorities in Malaysia, the U.S., and elsewhere still pursuing the recovery of the stolen $4.5 billion. Jho Low, allegedly the scheme’s architect, remains at the center of one of the world’s most complex financial crimes.

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