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October 15, 2025Cryptopolitan logoCryptopolitan

Wallet holding Lubian mining pool BTC comes out of 2.5 years dormancy

Another batch of coins from the Lubian miner wallets has been ￰0￱ transaction comes as some of the coins were about to be confiscated into the reserves of the US ￰1￱ batch of old BTC from the Lubian miner wallets has moved. A single transaction moved 9,756 BTC, just as analysts were discussing whether the coins were still controllable and ￰2￱ transaction shifted the coins into two new addresses, one containing 1,000 BTC, and the rest on another ￰3￱ coins originated from the remnant wallets of ￰4￱ , which were not affected by the hack and remained controllable by the mining ￰5￱ wallet retains 2,129 ￰6￱ Cryptopolitan reported earlier, the Lubian mining pool fell prey to a hack in late 2020, but the wallets and the amount stolen was unveiled by Arkham only in ￰7￱ coins are now being forfeited to the US ￰8￱ recent coin movement suggests Lubian has been eager to retain ownership of its remaining reserves, which have appreciated significantly in the last ￰9￱ address is not part of the hacker’s stash, which for now remains ￰10￱ hacker funds remain unmoved According to Arkham’s tracking service, the coins on all known Lubian hacker addresses remain ￰11￱ there is a legal call to forfeit the assets, there are doubts about the controlling entity for the coins and whether they can be moved to new ￰12￱ if the US Government decides not to sell the coins, not controlling their private keys also raises the issue of the true value ￰13￱ the Government aims to build a reserve of BTC, simply laying claim to idle addresses has never worked as a form of BTC ￰14￱ means the reserve may only be valid if the USA moves the coins to fully controlled ￰15￱ now, the Lubian hacker consolidated some of the coins in the summer of 2024, suggesting the miner wallets may not be locked ￰16￱ wallets linked to weak private keys The mining pool reportedly used an algorithm to create private keys, leading to a list of insecure ￰17￱ US Government announced the seized assets based on a list of wallets, so far not performing any transactions.

Additionally, one address holding around 154 BTC was omitted in the recent report. However, the hacker’s ownership is not conclusively connected to those private ￰18￱ additionally retained 11,886 BTC, which were still controllable and securely ￰19￱ ￰20￱ wallet was actually the original sender of the recent ￰21￱ large-scale shifts happen at a time when even treasuries of 100 BTC are seen as ￰22￱ has not shown any plans on selling the BTC or using it for other ￰23￱ wallet that moved the funds is outside the scope of forfeiture, but the coins may have been moved as a ￰24￱ smartest crypto minds already read our ￰25￱ in? Join them .

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