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China accuses Washington of stealing $13 billion worth of Bitcoin in alleged hack — 127,272 tokens seized from Prince Group after owner Chen Zhi was indicted for wire fraud and money laundering, U.S. alleges

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China's cybersecurity agency, CVERC, accuses the U.S. of stealing $13 billion worth of Bitcoin in a 2020 hack, with 127,272 tokens seized from Prince Group following owner Chen Zhi's indictment for wire fraud and money laundering. The U.S. alleges that Zhi was involved in running scam call centers in Cambodia. The seized amount is the largest in history, surpassing the $6.7 billion confiscated from the "Bitcoin Queen." The incident highlights the complexities of dealing with digital assets in international crime cases, especially with cryptocurrencies not falling under specific jurisdictions. The situation also raises questions about the involvement of national hacking organizations and the challenges of cross-border investigations in the crypto space.

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