China Accuses U.S. of Seizing 127K BTC from LuBian Mining Pool: What’s Behind the Claim?

TLDR China claims the U.S. seized 127,000 stolen Bitcoins valued at $13 billion in 2020 hack. The 2020 hack targeted LuBian mining pool and was linked to Cambodian businessman Chen Zhi. CVERC argues the U.S. government’s action was part of a broader operation by state-backed hackers. Arkham analysis traced the moved Bitcoins to U.S. government-controlled [...]

The post China Accuses U.S. of Seizing 127K BTC from LuBian Mining Pool: What’s Behind the Claim? appeared first on Blockonomi.