{"id":14064,"date":"2025-10-22T18:31:03","date_gmt":"2025-10-22T18:31:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/lubian-wallets-stir-again-with-15959-bitcoin-on-the-move\/"},"modified":"2025-10-22T18:31:09","modified_gmt":"2025-10-22T18:31:09","slug":"lubian-wallets-stir-again-with-15959-bitcoin-on-the-move","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/lubian-wallets-stir-again-with-15959-bitcoin-on-the-move\/","title":{"rendered":"LuBian wallets stir again with 15,959 Bitcoin on the move"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">LuBian-linked wallets have shifted 15,959 BTC worth $1.83 billion across four addresses, marking their second major transfer in weeks and reviving one of crypto\u2019s longest-running on-chain mysteries.<\/p>\n<div id=\"cn-block-summary-block_004896e303775adeae0c20fc121bcaeb\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>LuBian-linked wallets moved 15,959 BTC worth $1.83B across four addresses, marking their second major transfer in a week.<\/li>\n<li>The activity revives interest in the 2020 LuBian theft, when 127,426 BTC were stolen in one of crypto\u2019s largest hacks.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>On Oct. 22, OnchainLens flagged a coordinated transfer from four wallets tied to LuBian, the defunct Chinese mining pool at the center of a 2020 Bitcoin (BTC) embezzlement case. The <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/OnchainLens\/status\/1980971433615561170\">alert<\/a> showed two identical transactions of 4,999 BTC, alongside 3,424 BTC and 2,535 BTC sent to separate addresses.<\/p>\n<p>The move comes barely a week after another 11,886 BTC, worth $1.3 billion, left LuBian-linked wallets, suggesting renewed control over funds once considered frozen under U.S. oversight.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>A four-year mystery that never really went cold<\/strong><\/h2>\n<p>The latest move by LuBian-tagged wallets revives one of the most dramatic unsolved thefts in Bitcoin\u2019s history. In December 2020, the once-prominent Chinese mining pool claimed to have been hacked for 127,426 BTC, then worth $3.5 billion and nearly $14.5 billion at today\u2019s prices,<\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/info.arkm.com\/announcements\/arkham-uncovers\" target=\"_blank\" rel=\"nofollow\">Arkham Intelligence<\/a>, the attackers exploited vulnerabilities in the miner\u2019s private key generation system, draining over 90% of LuBian\u2019s holdings overnight, followed by an additional $6 million in Bitcoin and USDT the next day.<\/p>\n<p>The timing was a brutal irony; LuBian had rapidly climbed the ranks in early 2020 to become the world\u2019s sixth-largest mining pool, all while publicly branding itself as \u201cthe safest high-yielding mining pool in the world.\u201d<\/p>\n<p>In a desperate attempt to recover the assets, LuBian took the unusual step of communicating directly with the attacker on-chain. Using Bitcoin\u2019s OP_RETURN function, they left a message pleading, \u201cTo the whitehat who is saving our asset, you can contact us\u2026 to discuss the return of asset and your reward.\u201d The plea went unanswered.<\/p>\n<p>Meanwhile, the transfer comes after the DOJ on October 14 announced one of the largest crypto forfeiture cases in history, targeting the Prince Holding Group and its founder, Chen Zhi.<\/p>\n<p>U.S. prosecutors filed a complaint for roughly $14.4 billion in Bitcoin tied to an alleged international fraud network. The DOJ <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.justice.gov\/usao-edny\/media\/1416266\/dl\" target=\"_blank\" rel=\"nofollow\">stated<\/a> that Zhi and his co-conspirators used companies, including LuBian, to launder illicit proceeds and generate \u201cclean Bitcoin dissociated from criminal proceeds.\u201d<\/p>\n<p>Bitcoin traded at $107,932 after tumbling 3.88% in the last 24 hours, according to crypto.news data. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LuBian-linked wallets have shifted 15,959 BTC worth $1.83 billion across four addresses, marking their second major transfer in weeks and reviving one of crypto\u2019s longest-running on-chain mysteries. Summary LuBian-linked wallets&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14064"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14064\/revisions"}],"predecessor-version":[{"id":14065,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14064\/revisions\/14065"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9764"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}