The National Computer Virus Emergency Response Center released a report on the theft of 127,000 bitcoins by Chen Zhi, orchestrated by a national-level hacker organization

The National Computer Virus Emergency Response Center released a technical tracing analysis report on the LuBian mining pool being hacked and a large amount of Bitcoin being stolen, which pointed out that: a major hacking incident occurred at the LuBian mining pool, with a total of 127,272.06953176 Bitcoins (valued at approximately 3.5 billion dollars at the time, now valued at 15 billion dollars) stolen by the attackers. The holder of this large amount of Bitcoin is Chen Zhi, the chairman of the Cambodian Prince Group.

After the hacking incident, the Bitcoins stored in the wallet address controlled by the attackers remained dormant for 4 years, with almost no movement, which clearly does not align with the typical behavior of hackers eager to cash out for profit, but rather resembles a precise operation orchestrated by a "national-level hacker organization." It wasn't until June 2024 that this batch of stolen Bitcoins was transferred to a new Bitcoin wallet address, and they have remained untouched since. On October 14, 2025, the U.S. Department of Justice announced criminal charges against Chen Zhi and stated that 127,000 Bitcoins belonging to Chen Zhi and his Prince Group would be confiscated.

Various pieces of evidence indicate that the large amount of Bitcoin confiscated from Chen Zhi and his Prince Group by the U.S. government was actually stolen from the LuBian mining pool by hackers as early as 2020 using technical means. In other words, the U.S. government may have stolen the 127,000 Bitcoins held by Chen Zhi through hacking techniques as early as 2020, which is a typical "black eats black" incident orchestrated by a national-level hacker organization. The impact of the hacking incident on the LuBian mining pool in 2020 was profound, leading to the actual dissolution of the pool, with losses amounting to over 90% of its total assets at the time, while the current value of the stolen Bitcoins has risen to 15 billion dollars, highlighting the amplified risks of price volatility.