The wallet related to LuBian, a large Bitcoin mining pool that was hacked in 2020, has just transferred 9.757 BTC (~1.1 billion USD) after more than 3 years of inactivity.

🔸According to data from Peckshield and Lookonchain, it is recorded and unclear whether this BTC was moved for sale or just transferred to a new wallet for security.

🔸The money transfer occurred right after news that the US government plans to confiscate 127.271 BTC (~14.4 billion USD) stolen from LuBian.

🔸The US Department of Justice (DOJ) has also recently seized 15 billion USD in Bitcoin related to Prince Group, the group operating a forced labor scam camp in Cambodia — believed to be the source of the LuBian hack in 2020.