China Accuses US of Hacking $15B Bitcoin from Cybercrime Syndicate

The U.S. seized 127,271 Bitcoin valued at approximately $15 billion from Chen Zhi, an alleged mastermind of a major cybercrime operation in Southeast Asia. Following the seizure, China extradited Chen from Cambodia and accused the U.S. of state-sponsored hacking to obtain the funds. This incident highlights ongoing tensions between the U.S. and China regarding cybersecurity and cryptocurrency enforcement.