Massive $3.5B Bitcoin Heist Shocks the World: Is This the Biggest Crypto Robbery Ever?

Criptomoeda

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SHOCKING REVEAL: The Biggest Bitcoin Heist EVERโ€”$14.5 Billion VANISHED!

Crypto World GASPS as LuBian Falls Victim to a Catastrophic Security Breach!

Hold onto your digital wallets, folks! Arkham Intelligence has just uncovered a mind-blowing heist of 127,426 BTC from LuBian, a once-dominant Chinese mining pool, back in December 2020. At that time, these bitcoins were worth a staggering $3.5 billion! Fast forward to today, and their value has skyrocketed to approximately $14.5 billion. That’s BILLIONS with a ‘B’!

Meanwhile, LuBian has been eerily silent, never admitting to the heistโ€”and the mysterious hacker has yet to show their face. This colossal theft lay dormant in the shadows until now. The crypto community is buzzing, raising crucial alarms about the gaping security holes in the industry, especially in mining and custodial operations.

THE HEIST OF THE CENTURYโ€”LARGER THAN MT. GOX!

Yes, you read that right! This stunning robbery has shattered records, eclipsing even the notorious Mt. Gox hack, where a mere 25,000 BTC was stolen. Arkham is hot on the trail of these funds, raising eyebrow after eyebrow over transparency and the shocking vulnerabilities lurking within the global crypto system.

HOW DID LU BIAN LOSE OVER 127,000 BTC?

So, what happened to LuBian, the powerhouse controlling nearly 6% of Bitcoinโ€™s total hash-rate back in May 2020? Their downfall was a catastrophic security breach. Arkham Intelligence claims LuBian was hacked on December 28, 2020, losing an eye-popping 90% of their crypto stash in one swift blow. The very next day? Another shocking $6 million in BTC and USDT was swept away!

In a last-ditch effort to recover the stolen funds, LuBian scrambled to transfer their remaining assets, feverishly reaching out to the hacker via blockchain messages. They spent 1.4 BTC in 1,516 transactions begging for their money back. Talk about desperation!

Arkhamโ€™s digging unveiled a MASSIVE flaw in LuBianโ€™s private key generation. It seems they used an algorithm that was embarrassingly easy to crack! To make matters worse, a staggering 127,426 BTC just evaporated before their eyes. Remarkably, they managed to hang onto 11,886 BTCโ€”still worth $1.35 billionโ€”but the sheer magnitude of their loss is jaw-dropping!

As for the notorious thief? The last we heard, they were last seen consolidating their wallets in July 2024. But they haven’t cashed out or laundered a single coin. The crypto community is on HIGH ALERTโ€”who knows what this hacker is planning next?!

CRUCIAL WEEKLY CLOSE: Will Bitcoin Rise or FALL?

As this jaw-dropping heist unfolds, Bitcoin is facing its own wild ride. Approaching a critical weekly close, BTC recently plunged below the key support level of $115,724, hitting a local low of $112,104. Trading now at around $112,726, Bitcoin is precariously teetering above its 50-day moving average.

But hereโ€™s the kicker: rejection near the $122,000 resistance suggests a fierce selling pressure could be building! If BTC closes below $115,724, it might slip further towards the $110K-$112K zoneโ€”a level that could either make or break Bitcoin’s momentum.

On the flip side, if bulls charge back and reclaim $115,724 before Sundayโ€™s close, itโ€™ll send a powerful signal of strength. Hold onto your hatsโ€”these next 48 hours will determine Bitcoin’s fate for weeks to come!

Stay tuned, crypto lovers! This saga is just heating up!

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Source: USD @ Sun, 3 Aug.