
Beijing has accused Washington of covert involvement in the 2020 LuBian Bitcoin theft as the DOJ seizes 127,000 BTC tied to suspected actor Chen Zhi. On-chain analysis and renewed wallet movements have reignited scrutiny of flows, sanctions and geopolitical risk in crypto.

Beijing has raised concerns after the DOJ announced the seizure of 127,271 BTC linked to the LuBian mining-pool hack, calling for clarity on how U.S. authorities accessed the funds. The incident deepens diplomatic tension and raises new questions about cross-border crypto forensics and law enforcement powers.