In the world of crypto, we’ve seen crazy stories, people becoming millionaires overnight, coins getting hacked, and scams running wild. But this one? It’s on a whole new level.
Let’s go back to December 2020. A big Bitcoin mining company called LuBian, which was responsible for a large chunk of Bitcoin’s global mining power, was hacked.
In just a few hours, hackers stole 127,426 BTC worth about $3.5 billion back then. But here's the wild part: no one even noticed at the time.
The story stayed hidden until August 2025, when a blockchain tracking company called Arkham Intelligence finally uncovered what had happened. Now, that same stolen Bitcoin is worth over $15 billion, and it's just sitting in a wallet... untouched.
How Did It Happen?
LuBian made a huge security mistake. Their system for creating private keys (like passwords that protect your crypto) was weak. Hackers figured out how to guess those keys and quietly drained the wallet.
LuBian tried to fight back. They moved the little Bitcoin they had left and sent more than 1,500 small messages on the blockchain, begging the hacker to return the coins. But the hacker never responded.
And Then... Nothing
Since then, nothing has happened. The hacker hasn’t moved the stolen Bitcoin. It’s just sitting there, for almost 5 years, completely untouched.
Even today, with the wallet now worth almost $15 billion, it’s like a ghost wallet. No activity. No signs of life.
Why Hasn’t It Been Used?
People have all kinds of theories:
👉 Too risky: Moving that much Bitcoin could easily get tracked.
👉 Lost access: Maybe the hacker forgot the password or lost the key.
👉 Waiting for the right moment: Maybe they’re planning to move it when no one is watching.
No one really knows. But the mystery has made it the biggest crypto theft in history.
What Can We Learn?
This shows just how important strong security is in crypto. Even big companies can make mistakes that cost billions. And once crypto is stolen, it’s almost impossible to get it back.
It also reminds us that blockchain never forgets. Every coin can be tracked. But sometimes, even with all that visibility, the thief still gets away.
So, what do you think?
Will this Bitcoin ever move again?
Or is this the biggest ghost wallet the crypto world has ever seen?
Let’s hear your thoughts 👇
