USA Hackers Steal $12 Billion in Bitcoin from China -- Only Chinese are Hackers are Bad

USA Hackers Steal $12 Billion in Bitcoin from China -- Only Chinese are Hackers are Bad

Source: YouTube · Eli the Computer Guy · published Nov 13, 2025 · 15:38

Cybersecurity
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Description

Eli discusses China's $13 billion Bitcoin hack accusation against the US and China's new PR approach 2:00.

Key Takeaways:
• China's cyber security agency accused the US government of orchestrating a $13 billion Bitcoin theft from the Lubain mining pool in December 2020 4:48
• The hack involved 127,272 Bitcoin tokens, making it one of the largest crypto heists in history, which China attributes to "state-level hacker operation led by the US" 6:54
• China is shifting from silence to developing a public relations machine to counter US narratives and gain global sympathy 5:52
• Eli highlights the hypocrisy in US foreign policy where US hacking is portrayed as "good" while other countries' actions are "bad" 3:20
• The development of China's PR capabilities could significantly impact US global standing by exposing US actions without needing misinformation 12:45

Eli questions if this represents normal geopolitics or goes too far 14:22.

Sources:

  • 2:00 Introduction to China's accusation against US
  • 4:48 China's official accusation of Bitcoin hack
  • 6:54 Details of the $13 billion Bitcoin theft
  • 5:52 China's new PR strategy
  • 3:20 Hypocrisy in US hacking narrative
  • 12:45 Potential impact of China's PR on US image

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Welcome back. As you know, I am Eli, the computer guy here for the Daily Blob, where I shake my brain nipples every day to get some of that dirty, dirty YouTube money so I can afford to provide you folks hands-on inerson technology education that empowers you to do whatever the hell it is you want to do in Durham, North Carolina. Silicon Dojo silicon dojo.com. We have a class coming up on AI and web scraping next week. We have a class on extending AI capabilities with REST APIs coming up in a few weeks. If you're interested in coming to these classes, uh there is a schedule on silicon dojo.com. Go take a look there. Do remember free to user is not actually free. That's why I'm here shaking the brain nipnips every day. If you want to throw some money into the donor box link down below, that…