Last week, China’s cybersecurity agency officially accused state actors, including the United States, of being behind the 2020 hack of a bitcoin mining pool known as LuBian, according to a report in Bloomberg . The hack led to a theft of 127,272 bitcoin from the mining pool, which is currently worth around $13 billion.

A bitcoin mining pool is an entity that aggregates hashing power from a multitude of miners to increase the frequency of new revenue coming in via finding blocks and their associated rewards .

A direct connection between the U.S. and the bitcoin theft is unclear, but the Chinese National Computer Virus Emergency Response Center claims that the fact that the hacker sat on the stolen funds for an extended period of time points to state-level involvement

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