China Accuses U.S. of Stealing 127K BTC in High-Profile Crypto Hack

China Accuses U.S. of Stealing 127K BTC in High-Profile Crypto Hack


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.

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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 a timeline suggesting the hack was conducted with advanced tools, suggesting the work of a “state-level hacking organization.” That’s according

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