U.S. Government Seizes Bitcoin in Criminal Case

The U.S. Department of Justice has taken action against Chen Zhi and his Taizi Group, seizing 127,000 bitcoins as part of a criminal case. This confiscation follows the announcement on October 14, 2025, by the National Computer Virus Emergency Response Center (NCVER). The seized bitcoins were originally stolen from LuBian mining pool in 2020 by hackers, according to Foresight News. This seizure raises concerns about a potential state-level hacking operation that targeted these funds as early as 2020.