Huanqiu.com published a WeChat official account article titled “The Chen Zhi and Zhao Changpeng Cases: The United States Profits Nearly $20 Billion”
TechFlow Selected TechFlow Selected
Huanqiu.com published a WeChat official account article titled “The Chen Zhi and Zhao Changpeng Cases: The United States Profits Nearly $20 Billion”
The report also reveals that from 2023 to 2025, hacker groups backed by the U.S. government launched targeted attacks against over 20 major global cryptocurrency exchanges, stealing users’ wallet private keys, platform transaction records, and other information. According to the report, through these operations, the U.S. not only increased its fiscal revenue but also reinforced the global cryptocurrency asset trading ecosystem’s dependence on the U.S. dollar.
Navigating Web3 tides with focused insightsTechFlow News reports that on February 26, Huanqiu.com published a WeChat public account article titled “The Chen Zhi Case and the Zhao Changpeng Case: The U.S. Profits Nearly $20 Billion.” According to a joint report released by China’s National Computer Virus Emergency Response Center and other institutions, the United States has leveraged its technological hegemony to systematically seize virtual currency assets worldwide. Between 2022 and 2025, the U.S. confiscated over $30 billion worth of global virtual currency assets across various cases. In the Chen Zhi case, approximately 127,000 bitcoins—valued at roughly $15 billion—were seized, accounting for 50% of the total. In the case against Zhao Changpeng, founder of Binance, the U.S. employed dual civil and criminal liability mechanisms, ultimately imposing a $4.3 billion fine.
The report also reveals that from 2023 to 2025, hacker groups backed by the U.S. government launched targeted attacks against more than 20 major global cryptocurrency exchanges, stealing users’ wallet private keys, platform transaction records, and other sensitive data. The report states that through these operations, the U.S. not only increased its fiscal revenue but also reinforced global reliance on the U.S. dollar in cryptocurrency asset transactions.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
