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Lubian mining pool Flash News List | Blockchain.News
Flash News List

List of Flash News about Lubian mining pool

Time Details
2025-10-14
15:56
U.S. Government Plans Forfeiture of 127,271 BTC From Chen Zhi; Total U.S. Holdings Seen at 324K BTC ($36.2B) Linked to Lubian Hack Addresses, per Arkham

According to @EmberCN, U.S. case filings outline a planned forfeiture of 127,271 BTC across 25 addresses tied to Chen Zhi, valued at approximately $14.1B at the referenced price (source: @EmberCN). Arkham labels those 25 addresses as associated with the Lubian mining pool and marks them as coins stolen in 2020 (source: Arkham intel.arkm.com/explorer/entity/lubian-hacker). @EmberCN states the BTC were consolidated in July 2024 and that Lubian broadcast an on-chain message requesting the return of funds (source: @EmberCN). @EmberCN adds that the case documents indicate the BTC are now in U.S. government custody, implying the July consolidation was conducted by authorities, not the attacker (source: @EmberCN). Based on this addition, @EmberCN estimates U.S. government BTC holdings at about 324,000 BTC worth roughly $36.2B at the referenced price point (source: @EmberCN). @EmberCN characterizes the U.S. government as the largest single BTC-holding entity under this tally, presented as their assessment (source: @EmberCN). For trading, the 25 flagged addresses and any known government-labeled wallets can be monitored for outflows to gauge potential near-term supply risk and volatility triggers (source: Arkham intel.arkm.com/explorer/entity/lubian-hacker; @EmberCN).

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