{"id":176803,"date":"2025-10-22T22:00:37","date_gmt":"2025-10-22T19:00:37","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=176803"},"modified":"2025-10-22T20:31:21","modified_gmt":"2025-10-22T17:31:21","slug":"1-8-billion-in-bitcoin-linked-to-lubian-heist-suddenly-on-the-move","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/1-8-billion-in-bitcoin-linked-to-lubian-heist-suddenly-on-the-move\/","title":{"rendered":"$1.8 Billion in Bitcoin Linked to LuBian Heist Suddenly on the Move"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/x.com\/OnchainLens\/status\/1980971433615561170\" rel=\"nofollow\">movements<\/a><\/strong> were divided into four large transactions \u2013 two of roughly 4,999 BTC each, valued at around $540 million, followed by transfers of 3,424 BTC and 2,535 BTC, worth approximately $370 million and $274 million, respectively.<\/p>\n<h3>A Staggering Theft Resurfaces<\/h3>\n<p>LuBian, a China-based mining pool that rose from obscurity to prominence before its downfall, was at the center of one of the most significant crypto thefts in history. Reports from 2020 revealed that roughly 127,426 BTC had been siphoned from the pool \u2013 a staggering sum worth about $3.5 billion at the time and estimated to exceed $14 billion at current market prices.<\/p>\n<p>The incident highlighted deep vulnerabilities in the way smaller or semi-private mining pools managed their custodial operations. Weak internal oversight and opaque fund management created opportunities for large-scale misappropriation that went unnoticed for years.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-176539\" href=\"https:\/\/cryptodnes.bg\/en\/elon-musks-spacex-quietly-shifts-257m-in-bitcoin-is-a-massive-sell-off-coming\/\" title=\"Elon Musk\u2019s SpaceX Quietly Shifts $257M in Bitcoin &#8211; Is a Massive Sell-Off Coming?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/76923_USASpaceX_1587156063102-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Elon Musk\u2019s SpaceX Quietly Shifts $257M in Bitcoin &#8211; Is a Massive Sell-Off Coming?<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<h3>Watchful Eyes on the Blockchain<\/h3>\n<p>The latest onchain movements have reignited interest among blockchain investigators. Observers are now closely tracking whether the newly funded wallets consolidate their holdings, begin transferring assets to exchange-related addresses, or attempt to obscure their trail through mixers \u2013 a common tactic for laundering stolen cryptocurrency.<\/p>\n<p>While no direct exchange interactions have yet been confirmed, the scale and timing of the transactions suggest deliberate coordination rather than routine reorganization of dormant assets.<\/p>\n<p>The LuBian saga remains a cautionary tale about the risks of centralized custody in the mining sector \u2013 and a reminder that even long-dormant stolen coins rarely stay hidden forever.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data reviewed by Web3 researcher OnchainLens, using analytics from Arkham Intelligence, shows that wallets associated with the 2020 LuBian breach shifted a total of 15,959 BTC to four newly created addresses.<\/p>\n","protected":false},"author":9,"featured_media":50439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27,26],"tags":[424],"coin_category":[],"class_list":["post-176803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-cryptocrime","tag-crypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>$1.8 Billion in Bitcoin Linked to LuBian Heist Suddenly on the Move<\/title>\n<meta name=\"description\" content=\"Data reviewed by Web3 researcher OnchainLens, using analytics from Arkham Intelligence, shows that wallets associated...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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