No Credible Evidence US Government Hacked Chinese Bitcoin Wallets to “Steal” $13 Billion BTC

Why It Matters

The episode underscores how inadequate cryptographic practices can expose massive crypto assets to theft and how attribution in blockchain crimes remains fraught, often exploited for geopolitical narratives. It also illustrates law‑enforcement’s expanding capability to trace and seize illicit cryptocurrency, shaping future regulatory and security responses.