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Hackers move $1.8 billion in bitcoin stolen from Chinese mining pool LuBian to four wallets: onchain analysts

The Block
Wallets linked to the LuBian mining pool heist moved $1.83 billion worth of Bitcoin into four new addresses.

Summary

Wallets associated with the 2020 theft from the Chinese mining pool LuBian have moved 15,959 bitcoins, valued at approximately $1.83 billion, into four distinct addresses in a coordinated transaction. OnchainLens detailed the movement, which involved two transfers of 4,999 BTC each, one of 3,424 BTC, and one of 2,535 BTC. This theft, which occurred in December 2020 when the haul was worth about $3.5 billion, involved a total of 127,426 BTC, now valued near $14.5 billion. Observers will monitor the destination wallets for consolidation, exchange deposits, or laundering activities.

(Source:The Block)