National Computer Virus Emergency Response Center Releases Report on Chen Zhi's Theft of 127,000 Bitcoins, State-Level Hacker Organization Involved

MetaEraNov 9, 2025
On November 9 (UTC+8), the National Computer Virus Emergency Response Center released a technical source tracing analysis report on the LuBian mining pool being attacked by hackers and a huge amount of Bitcoin being stolen. The report pointed out that a major hacker attack occurred on the LuBian mining pool, with a total of 127272.06953176 Bitcoins (worth approximately $3.5 billion at the time, and now worth $15 billion) being stolen by the attackers. The holder of this huge amount of Bitcoin is Chen Zhi, Chairman of the Prince Group of Cambodia.

After the hacker attack, the stolen funds were stored in the Bitcoin wallet address controlled by the attacker for as long as 4 years, with almost no movement. This is obviously inconsistent with the behavior of general hackers who are eager to realize profits, and is more like a precise operation orchestrated by a "national-level hacker organization." It was not until June 2024 that this batch of stolen Bitcoin was transferred to a new Bitcoin wallet address again, and it has not been moved since.

On October 14, 2025, the U.S. Department of Justice announced criminal charges against Chen Zhi, and said it would confiscate 127,000 Bitcoins from Chen Zhi and his Prince Group. All kinds of evidence show that the huge amount of Bitcoin confiscated by the U.S. government from Chen Zhi and his Prince Group is precisely the LuBian mining pool Bitcoin that was stolen by hackers using technical means as early as 2020. In other words, the U.S. government may have stolen 127,000 Bitcoins held by Chen Zhi through hacking techniques as early as 2020, which is a typical "double-cross" event orchestrated by a national-level hacker organization.

The hacker attack on the LuBian mining pool in 2020 had a far-reaching impact, leading to the actual dissolution of the mining pool, with losses equivalent to more than 90% of its total assets at the time. The current value of the stolen Bitcoin has risen to $15 billion, highlighting the risk of amplified price fluctuations.

[MarsBit]

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National Computer Virus Emergency Response Center Releases Report on Chen Zhi's Theft of 127,000 Bitcoins, State-Level Hacker Organization Involved

MetaEraNov 9, 2025
On November 9 (UTC+8), the National Computer Virus Emergency Response Center released a technical source tracing analysis report on the LuBian mining pool being attacked by hackers and a huge amount of Bitcoin being stolen. The report pointed out that a major hacker attack occurred on the LuBian mining pool, with a total of 127272.06953176 Bitcoins (worth approximately $3.5 billion at the time, and now worth $15 billion) being stolen by the attackers. The holder of this huge amount of Bitcoin is Chen Zhi, Chairman of the Prince Group of Cambodia.

After the hacker attack, the stolen funds were stored in the Bitcoin wallet address controlled by the attacker for as long as 4 years, with almost no movement. This is obviously inconsistent with the behavior of general hackers who are eager to realize profits, and is more like a precise operation orchestrated by a "national-level hacker organization." It was not until June 2024 that this batch of stolen Bitcoin was transferred to a new Bitcoin wallet address again, and it has not been moved since.

On October 14, 2025, the U.S. Department of Justice announced criminal charges against Chen Zhi, and said it would confiscate 127,000 Bitcoins from Chen Zhi and his Prince Group. All kinds of evidence show that the huge amount of Bitcoin confiscated by the U.S. government from Chen Zhi and his Prince Group is precisely the LuBian mining pool Bitcoin that was stolen by hackers using technical means as early as 2020. In other words, the U.S. government may have stolen 127,000 Bitcoins held by Chen Zhi through hacking techniques as early as 2020, which is a typical "double-cross" event orchestrated by a national-level hacker organization.

The hacker attack on the LuBian mining pool in 2020 had a far-reaching impact, leading to the actual dissolution of the mining pool, with losses equivalent to more than 90% of its total assets at the time. The current value of the stolen Bitcoin has risen to $15 billion, highlighting the risk of amplified price fluctuations.

[MarsBit]

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