“It lost almost US$50 million worth of ether (ETH) in an apparent security breach” and it goes from Hot wallet to an unknown wallet. I am curious to know, there is no way of tracing the money where it goes finally? After all, they will cash it out, right? So, we won’t be able to trace them anyway?

I saw many posts regarding the recent China news or police raid fact. Nothing is real in that case? What's the thing Chinese Gov is going to do in next? Sometime, it seems to me that the Gov is with blockchain, sometimes, they aren't. Feeling confused.