The story behind a massive bitcoin mining heist in China
November 25, 2021, 10:34AM EST · 5 min read
To outsiders, the recent arrest of a former Chinese official for “supporting” a local crypto mining business may appear to be a direct outcome of China’s ongoing crackdown on crypto mining.
But the backstory actually stretches back more than three years, and what he is accused of doing is far more than just supporting a crypto mining business.
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