China Accuses US Of $13 Billion Bitcoin ‘State-Backed Crypto Heist’
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China has accused the U.S. of taking $13 billion in Bitcoin (CRYPTO: BTC) linked to a 2020 hack, escalating a cross-border dispute that Washington says is simply a lawful seizure of criminal proceeds.
China’s National Computer Virus Emergency Response Center (CVERC) alleged that the U.S. Department of Justice seized 127,000 Bitcoin originally stolen in a 2020 cyberattack on the LuBian mining pool.
The agency described the incident as a “state-backed crypto heist,” claiming it was carried out by a “state-level hacking organization.”
The Global Times, a state-run publication, reports that CVERC traced the digital trail…
