Stand Up for Investors' Right to Know – Say No to Dumping Sell-Offs! [RootData Bounty Campaign]
API Download the RootData App

The U.S. government seeks to confiscate 127,000 BTC from the LuBian mining operation run by Chen Zhi, which was stolen as early as 2020

10月 14, 2025 22:41:52

Share to

ChainCatcher news, db's post update states that the 127,271 bitcoins (approximately $14 billion) sought for forfeiture by the U.S. government actually come from the LuBian mining operation run by Chen Zhi, and were in fact stolen back in 2020.

These bitcoins have been idle ever since. Unless some sort of counterfeit hacking incident occurs, they are unlikely to recover these coins.

Recent Fundraising

More
$2M Dec 24
$1M Dec 24
$2M Dec 22

New Tokens

More
Dec 23
Dec 20

Latest Updates on 𝕏

More
Dec 22
Dec 22