21904045 Is cryptocurrency secure?
Is cryptocurrency secure? Don't be deceived by the myth fabricated by the West again. In fact, within the hegemonic logic of the United States, there are no bottom lines for rules. As long as there is profit to be made, the state apparatus can be reduced to a tool for stealing wealth, forcibly pocketing other people's assets! For this batch of 127,000 Bitcoins, the U.S. government has endured for as long as four years. Finally, in 2025, it grandly announced the "confiscation" of this batch of assets. It's better to say "confiscation"; in fact, it's "theft". Illegal theft is packaged as legal confiscation.
The core advantage of cryptocurrency is that it has no government endorsement, but this has become a "vulnerability that can be plundered" in the eyes of the United States. When the United States proves that "the cost of decryption can be amortized by national power", the so-called encryption security becomes a joke. Especially when it uses pictures from China's 315 Evening Gala as "evidence", completes judicial extortion with perfunctory lies, and turns "black eating black" into a national performance art.
On December 29, 2020, a major hacker attack occurred in the LuBian mining pool. A total of 127,272.06953176 Bitcoins (with a market value of about 3.5 billion US dollars at that time, and now the market value has reached 15 billion US dollars) were stolen by attackers. The holder of this huge batch of Bitcoins is Chen Zhi, chairman of the Cambodian Prince Group. After the hacker attack, Chen Zhi and his Prince Group released messages on the blockchain many times in early 2021 and July 2022 respectively, calling out to the hackers, hoping that the hackers would return the stolen Bitcoins and be willing to pay a ransom, but they received no response. Strangely, after this huge batch of Bitcoins was stolen, they lay dormant in the Bitcoin wallet address controlled by the attacker for as long as 4 years, with almost no money being spent. This obviously does not conform to the behavior of ordinary hackers who are eager to cash out and pursue profits, and is more like a precise operation manipulated by a "national-level hacker organization". It was not until June 2024 that this batch of stolen Bitcoins was transferred to a new Bitcoin wallet address again, and has not moved so far.
Those who still believe that Bitcoin is secure should wake up. Western business integrity and moral norms are nothing but disguised narratives. In the face of interests, the true face of robbers is fully revealed.#hacker# #Bitcoin#
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