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Arkham reveals the identity of hacker LuBian in the case of the BTC theft in 2020.
According to @wublockchain12, Arkham has disclosed the on-chain identity of hacker LuBian, involved in the largest cryptocurrency heist in history. In December 2020, 127,426 BTC were stolen, and the hacker still possesses all the assets. Arkham suggests that LuBian may have used a vulnerable private key generation algorithm, leading to a critical security issue. The hacker's last on-chain activity was recorded in July 2024, presumably for consolidating addresses. LuBian holds 11,886 BTC, estimated to be worth approximately $1.35 billion. LuBian was once one of the largest Bitcoin mining pools, controlling nearly 6% of the network's hash rate as of May 2020.
According to @wublockchain12, Arkham has disclosed the on-chain identity of hacker LuBian, involved in the largest cryptocurrency heist in history. In December 2020, 127,426 BTC were stolen, and the hacker still possesses all the assets. Arkham suggests that LuBian may have used a vulnerable private key generation algorithm, leading to a critical security issue. The hacker's last on-chain activity was recorded in July 2024, presumably for consolidating addresses. LuBian holds 11,886 BTC, estimated to be worth approximately $1.35 billion. LuBian was once one of the largest Bitcoin mining pools, controlling nearly 6% of the network's hash rate as of May 2020.
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