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China claims US government stole 127K Bitcoin from LuBian mining pool in 2020

Crypto Briefing
China alleges the US government stole 127,000 Bitcoin from the LuBian mining pool in a 2020 cyber attack.

Summary

China, through its cybersecurity agency CVERC, has accused the US government of stealing 127,000 Bitcoin from the Chinese mining pool LuBian during a 2020 cyber attack. The theft, allegedly conducted by a state-level hacking group connected to a US operation, involved assets worth about $127 million at the time, but are now valued over $13 billion. This accusation surfaces amid increasing geopolitical tensions between Beijing and Washington over digital asset control and cross-border seizures, especially following recent revelations by Arkham Intelligence regarding asset movements linked to the hack.

(Source:Crypto Briefing)