A Chinese cybersecurity report released this week alleges the United States has systematically exploited its technological supremacy to confiscate over $30 billion in global cryptocurrency assets since 2022, with half originating from a single high-profile case.
The National Computer Virus Emergency Response Center (CVERC) claims Washington built a “closed-loop system” combining cyber surveillance, regulatory overreach, and aggressive enforcement to transfer virtual wealth into U.S. control. Through control of blockchain protocols and data analytics infrastructure, American authorities allegedly subject global transactions to domestic oversight via controversial long-arm jurisdiction tactics.
Senior CVERC engineer Du Zhenhua told media the strategy represents systematic financial plunder, noting global crypto assets now total $2.73 trillion as of January 2026 – nearly half the value of worldwide gold reserves. “This isn’t just about law enforcement,” Du stated. “It’s economic warfare using digital tools to undermine technological sovereignty.”
Two landmark cases illustrate the pattern: The 2025 seizure of $15 billion in Bitcoin from entrepreneur Chen Zhi marked the largest virtual asset confiscation in U.S. judicial history, while crypto exchange Binance and founder Zhao Changpeng faced $4.3 billion in penalties through coordinated civil-criminal actions.
The report further alleges U.S.-backed hacker groups targeted over 20 major exchanges from 2023-2025 using sophisticated cyberattacks to steal wallet keys and transaction data. These operations reportedly aligned with Treasury Department enforcement actions, creating dual pressure points for asset extraction.
Collaboratively produced by CVERC, the National Engineering Laboratory for Computer Virus Prevention Technology, and leading cybersecurity firms, the analysis warns these practices destabilize emerging markets while reinforcing dollar dominance in digital finance.
