China Alleges US Role in $13 Billion Bitcoin Theft, Sparks International Controversy

A high-profile international conflict has erupted over a significant bitcoin theft accusation. China’s National Computer Virus Emergency Response Center (CVERC) claims the U.S. government misappropriated $13 billion worth of bitcoin that was originally stolen from Chinese mining pool LuBian in 2020. This claim rekindled debate about state actors’ involvement in cybercrime and has placed international tensions on hold. The illicitly acquired 127,271 BTC remained inactive for nearly four years before being mysteriously transferred to wallets potentially under U.S. government control. Blockchain analysts noted this transfer timing and pattern as potential indicators of government-orchestrated actions. This discovery has brought the allegations into the global spotlight, prompting questions about state involvement in cyber dealings.