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Home News The US Government Seeks Forfeiture of 127,000 BTC Traced to the LuBian Mining Operation, Stolen as Early as 2020

The US Government Seeks Forfeiture of 127,000 BTC Traced to the LuBian Mining Operation, Stolen as Early as 2020

The US Government Seeks Forfeiture of 127,000 BTC Traced to the LuBian Mining Operation, Stolen as Early as 2020

BlockBeats News, October 14th, db’s post was updated stating, “The 127,271 bitcoins (approximately $14 billion) that the U.S. government is seeking to seize actually originated from the defendant CHEN ZHI’s LuBian mining operation and were actually stolen in 2020.”

Since then, these bitcoins have been idle. Unless some kind of fake hacker event occurs, they are unlikely to get their hands on these coins.”

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