$BTC Chen Zhi's control of more than 120,000 bitcoins has recently been seized by the authorities with a thunderous force.
This incident has become the last straw that broke the camel's back.
According to authoritative statistics, this is just the tip of the iceberg. For a long time, the major "pans" lurking in Southeast Asia have accumulated at least 1 million bitcoins in total. This enormous cryptocurrency asset was once boasted as their safest and most secretive "digital fortress".
However, Chen Zhi's downfall has sent chills down the spines of all the "pans". "If he can be taken down, none of us can escape!" — such panic is rapidly fermenting within the circle. They suddenly realize that the so-called "anonymity" and "decentralization" are utterly vulnerable in the face of absolute national power. Bitcoin is not a paradise for assets; instead, it has become a precisely targeted "digital shackles".
