logo

LuBian Pool was hacked in 2020, losing 127,000 BTC. The hacker still controls the assets and has become the 13th largest BTC holder globally.

By: theblockbeats.news|2025/08/03 02:12:24

BlockBeats News, August 3rd, according to Arkham, the once top ten global mining pool LuBian suffered a major security incident in December 2020, with a total of 127,426 BTC stolen. At the current coin price, the stolen BTC is valued at 14.5 billion U.S. dollars, making it the largest Bitcoin theft in history.

Arkham stated that LuBian was a Chinese mining pool that had mining farms in China and Iran. In May 2020, it controlled nearly 6% of the Bitcoin network's total hashing power, exerting significant industry influence. The attack occurred on December 28, 2020, where the attacker allegedly exploited a vulnerability in its private key generation algorithm, successfully stealing over 90% of the holdings through brute force. The following day (December 29th), the hacker transferred some of the BTC again, amounting to 6 million U.S. dollars.

In addition, LuBian attempted to plea with the hacker through on-chain OP_RETURN messages, requesting the return of the stolen assets. The official team sent a total of 1,516 transactions with messages, consuming 1.4 BTC, further confirming that the event was not fraudulent.

Currently, LuBian still holds 11,886 BTC (approximately 1.35 billion U.S. dollars), and the hacker's latest on-chain activity was an address consolidation in July 2024. As of the disclosure date, the hacker still controls the stolen BTC, their identity is unknown, and their holdings now rank as the 13th largest BTC holder globally, even surpassing the Mt. Gox hacker address.

Former Prosecutor in Charge of Trump Case Under Investigation for Alleged Illegal Political Activity
「Brother Big V」 Huang Licheng Liquidates PUMP Long Positions and Fully Exits Spot, Losing a Total of 9.94 Million US Dollars

You may also like

Share
copy

Gainers

Latest Crypto News

10:15

Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week

10:15

The Central Bank of Russia has confirmed that it may relax cryptocurrency regulation rules.

10:15

OECD: Expects the Federal Reserve to "gradually" lower the key interest rate to 3.25% to 3.5%

10:15

Asset Management Giant Tidal Investments Acquires Approximately $60 Million in Strategy Stock

09:45

A certain whale with a significant BTC short position is planning to long at around $67,000, with the shorts currently showing a profit of $26.83 million.

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com