Hacker still holds $14 billion in stolen Bitcoin from massive 2020 LuBian attack: Arkham
LuBian Bitcoin theft remains unresolved as $14.5 billion in stolen Bitcoin from a 2020 hack continues to sit in the hacker's wallet.
cryptobriefing.com
A hat-trick of distrust: back in December 2020, an unknown hacker drained 127,426 BTC—about $3.5 billion at the time—from Chinese mining pool LuBian and has sat on the entire stash ever since a July 2024 wallet consolidation. Arkham Intelligence’s deep dive pegs today’s value north of $14 billion and points to a weak key-generation algorithm as the likely exploit, making it both the biggest and one of the most stealthy crypto heists in history.
LuBian quietly quit mining by March 2021 without ever owning up to the breach, quietly moving its remaining 11,886 BTC (~$1.3 billion) into so-called recovery wallets. Meanwhile, the mystery thief now ranks 13th among the world’s largest Bitcoin holders—outranking even the infamous Mt. Gox hacker—yet hasn’t budged a single Satoshi since last summer.
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