China Accuses US of Hacking Theft in Bitcoin Seizure from Cambodian Fraud Group

China Accuses US of Hacking Theft in Bitcoin Seizure from Cambodian Fraud Group

First seen 13 Nov 2025, 06:38 UTC •CoindeskThestandard.Hk •20.3

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Chinese authorities have accused the United States of 'hacking theft' following the seizure of 127,271 Bitcoin from a Cambodian fraud organization known as Prince. The Chinese Cybersecurity and Emergency Response Center (CVERC) claims that the hack was executed by a state-level hacking organization and suggests that the US seizure is part of a broader operation involving international cybercrime.

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