By mrblockchain Key Points Chinese cybersecurity authorities allege the United States orchestrated a 2020 cyberattack on the LuBian mining pool, stealing 127,000 Bitcoin and later seizing the funds under the pretense of legal enforcement. The U.S. Department of Justice asserts the seizure resulted from a legitimate anti-money laundering investigation targeting Chen Zhi, a Cambodian business […]
Tag: Cambodia
By Marco Piccolo Key highlights: The US has seized 127,271 BTC, valued at $14.3 billion, from a transnational crypto scam led by a former Chinese national. This is the largest cryptocurrency forfeiture in the Department of Justice’s history, bringing total US Bitcoin reserves to over $36 billion. The scam involved forced labor and “pig butchering” […]