An analysis indicates that the US government, referred to as “Hack on Hack,” has allegedly stolen 127,000 Bitcoins from Chen Zhi, resembling the tactics of a state-level hacking group. The case highlights a significant breach involving a substantial amount of cryptocurrency. Reports suggest that the methods used in this incident align closely with those typically employed by organized hacking entities associated with state actors. This development raises concerns about cybersecurity and the potential implications for individuals and organizations involved in cryptocurrency transactions. The incident underscores the ongoing challenges faced by authorities in combating sophisticated cybercrime.
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Last updated on November 9th, 2025 at 11:00 am
