๐ฅ I just published an analysis on the $15B Bitcoin scandal between China and the U.S. Which side are you on?
๐ [Link to the article] $BTC $ETH
๐ [Link to the article] $BTC $ETH
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๐ฅ The scandal of 127,272 Bitcoins: China vs the United States.
$15 billion controversy shaking the crypto world ๐
December 29, 2020. In less than 2 hours, 127,272 Bitcoins (now valued at over $15 billion) disappeared from the Chinese mining pool LuBian.
The strangest thing: these Bitcoins remained still for a full 4 years. Not a single movement.
โฐ What happened next
June 2024: Those Bitcoins finally start to move... but not to typical exchanges or mixers.
October 2025: The U.S. Department of Justice announces the seizure of 127K BTC in an operation against Chen Zhi, a Cambodian businessman accused of fraud through the Prince Group.
December 29, 2020. In less than 2 hours, 127,272 Bitcoins (now valued at over $15 billion) disappeared from the Chinese mining pool LuBian.
The strangest thing: these Bitcoins remained still for a full 4 years. Not a single movement.
โฐ What happened next
June 2024: Those Bitcoins finally start to move... but not to typical exchanges or mixers.
October 2025: The U.S. Department of Justice announces the seizure of 127K BTC in an operation against Chen Zhi, a Cambodian businessman accused of fraud through the Prince Group.