China’s cybersecurity agency has accused the American government of orchestrating the theft of approximately $13 billion worth of Bitcoin. This allegation represents China’s most recent attempt to attribute major cyberattacks to the United States.
The heist involved the theft of 127,272 Bitcoin tokens from the LuBian Bitcoin mining pool, an incident that took place in December 2020. This event stands as one of the largest crypto thefts in history, raising significant concerns within the global cryptocurrency community.
According to the Chinese National Computer Virus Emergency Response Center, the hack is likely a “state-level hacker operation” led by the US government. The agency cites the quiet and delayed movement of the stolen Bitcoin as evidence, arguing that such behavior fits a government-level operation rather than typical criminal activity.
These claims mark a continuing trend of heightened tensions between China and the US, particularly in matters relating to cybersecurity and digital assets. The full implications of this accusation remain to be seen as investigations and international responses continue.
https://www.bloomberg.com/news/articles/2025-11-11/china-accuses-us-of-orchestrating-13-billion-bitcoin-hack