🚨🚨🚨 BREAKING - The Largest Bitcoin Theft in History: LuBian Case Revealed by Arkham
Arkham Intelligence revealed one of the biggest scandals in the crypto universe: the theft of 127,426 Bitcoins from the Chinese mining pool LuBian, which occurred in December 2020.
Valued at around $14.5 billion, this is the largest subtraction ever recorded of Bitcoin, surpassing even the famous Mt. Gox case.
The discovery came through a thorough investigation based on on-chain analysis, showcasing the power of tracking tools and transparency in the blockchain ecosystem.
The attack highlighted the fragility of centralized mining operations and raised alarms for the entire sector, leading to comparisons with other historical hacks.
The official response from those involved remains a mystery: neither the leadership of LuBian nor major players in the market have publicly commented so far.
The episode reignites discussions about the security of centralized pools, potential increased regulatory oversight, and the impact of such events on Bitcoin's reputation and trust in the global market.
The community awaits answers and possible preventive measures.