China accuses US of stealing $13 billion in bitcoin hack: Bloomberg

China's cybersecurity agency has accused the U.S. government of orchestrating the theft of over 120,000 bitcoin, valued at $13 billion, from the Chinese-based LuBian mining pool in December 2020. This incident was previously identified by Arkham Intelligence as a major crypto heist. The Chinese National Computer Virus Emergency Response Center labeled the event a "state-level hacker operation," suggesting government involvement due to the "quiet and delayed movement" of the stolen assets, which contrasts with typical criminal behavior. The LuBian pool, which was once the sixth-largest on the Bitcoin network, shut down after losing most of its holdings. Furthermore, the Chinese report claimed the stolen bitcoin is linked to tokens seized by the U.S. in its case against Chinese national Chen Zhi, alleging the U.S. used hacking techniques as early as 2020 to steal the 127,000 bitcoin held by Chen Zhi in what they termed a "classic 'black eats black' operation."

(Source：The Block)