Bitcoin News: China Accuses U.S. of Stealing 127K BTC in High

Key Topics in this News Article:
News Snapshot:

A Chinese cybersecurity watchdog is accusing the U.S. government of taking part in a major cryptocurrency heist, escalating tensions around a years-long mystery involving 127,000 stolen bitcoin, now worth roughly $13 billion. China’s National Computer Virus Emergency Response Center (CVERC) released a technical report Sunday claiming the U.S. Department of Justice seized BTC that was originally stolen in a 2020 hack targeting the LuBian mining pool. At the time, the hacked coins were tied to Chen Zhi, chairman of Cambodia’s Prince Group, who is now under U.S. indictment for allegedly running a large-scale crypto fraud scheme. The report lays out…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form