Simply Bitcoin China Accuses U.S. of Stealing $13 BILLION of Bitcoin | Simply SatoSHE
Nov 13, 2025
China has accused the U.S. of stealing 127,000 BTC, igniting tensions in a high-stakes geopolitical game over Bitcoin. The discussion uncovers a Cambodian scam tied to this stolen wealth and explains how recent mining heists have fueled suspicions. Countries are increasingly viewing Bitcoin as a strategic asset, similar to gold, while also debating issues of sovereignty against criminal forfeiture. The future of Bitcoin is explored as nations like Taiwan take steps to secure their own reserves, highlighting the importance of self-custody in uncertain times.
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Large BTC Transfer Suggests Geopolitical Stakes
- 127,000 BTC went missing from a Chinese mining pool in 2020 and later appeared linked to U.S. DOJ forfeiture wallets.
- The timing suggests geopolitical maneuvering rather than a simple criminal seizure.
Cambodian Pig-Butchering Scam Example
- The podcast recounts the Cambodian pig-butchering scam that stole billions and allegedly routed funds through call centers.
- The accused operator, Chen Z., ran a global fraud ring that victimized and exploited staff.
Bitcoin As A Strategic Geopolitical Asset
- Sophie frames Bitcoin as a new geopolitical asset akin to gold or oil that states will fight over.
- She argues national mining and reserves are becoming strategic levers in global power competition.