LuBian Mining Pool Hacker Attack Incident Technical Traceability Analysis Report
On December 29, 2020, the LuBian mining pool, primarily operated from China and Iran, suffered a significant hacking attack, resulting in the theft of 127272.06953176 bitcoins (valued at $3.5 billion at the time, now reaching $15 billion), with the holder being Chen Zhi, chairman of the Cambodian Prince Group. After lying dormant for 4 years, the stolen bitcoins were transferred to a new address in June 2024, and on October 14, 2025, the U.S. Department of Justice announced criminal charges against Chen Zhi and se
On December 29, 2020, the LuBian mining pool, primarily operated from China and Iran, suffered a significant hacking attack, resulting in the theft of 127272.06953176 bitcoins (valued at $3.5 billion at the time, now reaching $15 billion), with the holder being Chen Zhi, chairman of the Cambodian Prince Group. After lying dormant for 4 years, the stolen bitcoins were transferred to a new address in June 2024, and on October 14, 2025, the U.S. Department of Justice announced criminal charges against Chen Zhi and se
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