The $14.5B LuBian Bitcoin theft is terrifying—but not surprising. Centralized platforms still operate on trust + exposed keys.

Arkham
@arkham
08-03
BREAKING: ARKHAM UNCOVERS $3.5B HEIST - THE LARGEST EVER
LuBian was a Chinese mining pool with facilities in China & Iran. Based on analysis of on-chain data, it appears that 127,426 BTC was stolen from LuBian in December 2020, worth $3.5 billion at the time and now worth




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