China Accuses US of Orchestrating $13 Billion Bitcoin Hack

Overview

China’s cybersecurity agency has made serious allegations against the American government, claiming it orchestrated a significant theft involving approximately $13 billion worth of Bitcoin. This accusation marks the latest effort by China to link major cyberattacks to the United States.

What Happened

The Chinese cybersecurity agency’s assertion suggests a deepening tension between the two nations, particularly concerning cybersecurity and digital assets. The claim of a $13 billion Bitcoin theft highlights the ongoing concerns over cybercrime and the security of cryptocurrencies. By attributing this theft to the US, China is reinforcing its narrative that it is a victim of cyberattacks, while also potentially aiming to shift focus away from its own cybersecurity challenges.

Impact on the crypto market

• Heightened geopolitical tensions may lead to increased scrutiny of cryptocurrency transactions.
• The accusation could impact investor sentiment in the crypto market, fostering uncertainty.
• Potential for regulatory changes in response to international cybercrime allegations.
• Increased emphasis on cybersecurity measures within the cryptocurrency industry may arise.
• The situation may lead to a reevaluation of cross-border cryptocurrency dealings and security protocols.

Updated: 11/11/2025, 7:15:21 PM