China’s CVERC alleges that 127,000 BTC seized by U.S. agents belonged to the LuBian mining pool rather than being criminal proceeds. Reports from Global Times and PANews have amplified the claim, prompting fresh questions about cross‑border asset seizures.

China alleges the U.S. carried out a state-sponsored hack to seize $13 billion in Bitcoin from Chen Zhi, escalating crypto tensions between global powers. The claim reverberates through markets, legal circles, and blockchain forensics communities.

A UK court has sentenced the perpetrator behind the nation's largest-ever bitcoin seizure to 11 years in prison. Authorities forfeited 61,000 BTC (about $6.3 billion), marking a landmark moment for crypto law enforcement and asset recovery.