China Says U.S. Orchestrated $13B Bitcoin Heist Tied to 2020 LuBian Hack — U.S. Points to Record DOJ Seizure (12.11.2025)
China’s cybersecurity agency accused the U.S. of stealing about 127,272 bitcoin from the LuBian mining pool in December 2020, calling it a state-backed hack. The U.S. Justice Department says it seized roughly the same amount as criminal proceeds tied to Cambodian businessman Chen Zhi, but has not detailed how it gained control. Blockchain analysts report the coins moved to U.S.-linked wallets in 2024.