China’s Cybersecurity Agency Alleges US Government Stole $13 Billion In Bitcoin

According to a recent report by Bloomberg, the cybersecurity arm of China has openly accused the US government of orchestrating the theft of approximately $13 billion in Bitcoin (BTC), adding tension to the ongoing cyber relations between the two nations. China Alleges State-Level Operation The incident in question revolves around the theft of 127,272 BTC from the LuBian Bitcoin mining pool in December 2020, constituting one of the most substantial crypto heists in history. Related Reading: Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point The Chinese National Computer Virus Emergency Response Center suggests that this large-scale hack was likely a planned “state-level hacker operation” orchestrated by the US. The agency points to the discreet and delayed movement of the stolen Bitcoin as indicative of governmental involvement rather than typical criminal behavior source: https://www.newsbtc.com/bitcoin-news/chinas-cybersecurity-agency-alleges-us-government-stole-13-billion-in-bitcoin/