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China Blames US for One of the World's Largest Crypto Thefts - A $13 Billion Bitcoin Grab

China has accused the US government of orchestrating a $13 billion Bitcoin theft from mining pool LuBian in 2020, calling it a "state-level hack." The US has not commented.

What is happening

It Was a Hoax: Jonathan, the World's Oldest Tortoise, Is Still 'Alive and Well'

Repeated reporting is beginning to cohere into a trackable narrative.

Momentum
71%
Confidence trend
86%0
First seen
3 Apr 2026, 1:42 am
Narrative formation start
Last active
2 Apr 2026, 9:45 pm
Latest confirmed movement
Supporting signals

Evidence that is shaping the theme

These clustered signals are the repeated pieces of reporting that formed the theme. Read them as the evidence layer beneath the broader narrative.

Crypto & Web3Confidence 95%2 sources2 Apr 2026, 9:45 pm

It Was a Hoax: Jonathan, the World's Oldest Tortoise, Is Still 'Alive and Well'

According to Jonathan the tortoise's vet, there was also a crypto donation request from the same account that falsely announced the tortoise's death.

CNET NewsPCMag Latest
Related articles

Research briefs behind this theme

Open the article-level analysis that gives this theme its evidence, timing, and scenario framing.

Crypto & Web3Research Brieflow impact

China Blames US for One of the World's Largest Crypto Thefts - A $13 Billion Bitcoin Grab

Multiple trusted reports are pointing to the same directional technology shift, suggesting the market should read this as a category signal rather than isolated headline activity.

What may happen next
Prediction says this signal will translate into sharper competitive positioning over the next two quarters.
Signal profile
Source support 45% and momentum 50%.
Developing confidence | 77%1 trusted sourceWatch over 2 to 6 weekslow business impact
Crypto & Web3Research Briefmedium impact

It Was a Hoax: Jonathan, the World's Oldest Tortoise, Is Still 'Alive and Well'

Multiple trusted reports are pointing to the same directional technology shift, suggesting the market should read this as a category signal rather than isolated headline activity.

What may happen next
Prediction says this signal will translate into sharper competitive positioning over the next two quarters.
Signal profile
Source support 60% and momentum 69%.
High confidence | 95%2 trusted sourcesWatch over 2 to 6 weeksmedium business impact
Parent topic

Category hub for this theme

Move one level up to the topic page when you want broader market context around this theme.

Related themes

Themes connected to this narrative

These adjacent themes share category context or entity overlap with the current narrative.

risingstabilizing
Crypto & Web3

China Accuses US of Major Bitcoin Theft Amid Crypto Market Resurgence

China has publicly accused the US government of executing a sophisticated hack in 2020, leading to a $13 billion theft from the Bitcoin mining pool LuBian. This accusation follows a notable rise in Bitcoin prices, which have crossed $106,000, fueled by optimism surrounding a possible resolution to the US government shutdown. The US has not yet responded to the allegations, creating uncertainty in the geopolitical landscape of cryptocurrency.

Latest signal
Crypto snoozes into Good Friday as oil and macro stir: Crypto Daybook Americas
Momentum
89%
Confidence
82%
Flat
Signals
6
Briefs
129
Latest update/
emergingaccelerating
Crypto & Web3

China Accuses US of Major Bitcoin Theft Amid Crypto Market Resurgence

China has publicly accused the US government of executing a sophisticated hack in 2020, leading to a $13 billion theft from the Bitcoin mining pool LuBian. This accusation follows a notable rise in Bitcoin prices, which have crossed $106,000, fueled by optimism surrounding a possible resolution to the US government shutdown. The US has not yet responded to the allegations, creating uncertainty in the geopolitical landscape of cryptocurrency.

Latest signal
Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds
Momentum
82%
Confidence
84%
Flat
Signals
2
Briefs
130
Latest update/
emergingstabilizing
Crypto & Web3

China Accuses US of Major Bitcoin Theft Amid Crypto Market Resurgence

China has publicly accused the US government of executing a sophisticated hack in 2020, leading to a $13 billion theft from the Bitcoin mining pool LuBian. This accusation follows a notable rise in Bitcoin prices, which have crossed $106,000, fueled by optimism surrounding a possible resolution to the US government shutdown. The US has not yet responded to the allegations, creating uncertainty in the geopolitical landscape of cryptocurrency.

Latest signal
Smart money is hedging bitcoin more aggressively than ether :Crypto Daybook Americas
Momentum
69%
Confidence
84%
Flat
Signals
1
Briefs
27
Latest update/
China Blames US for One of the World's Largest Crypto Thefts - A $13 Billion Bitcoin Grab Trend Analysis & Market Signals | Teoram | Teoram