Arkham Says $3.5B LuBian Bitcoin Theft Went Undetected for Nearly Five Years


A crypto wallet tied to a little-known Chinese mining pool may have been the victim of the largest bitcoin theft ever recorded, according to new findings from Arkham Intelligence.

n an Aug. 2 thread on X, the onchain analytics firm said it had uncovered evidence that 127,426 BTC — worth $3.5 billion at the time — was stolen from LuBian Mining Pool in late December 2020. Neither LuBian nor the suspected hacker has ever publicly acknowledged the breach, and Arkham said it is the first to report the incident.

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Source: Yahoo News


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