Arkham Uncovers 2020 Bitcoin Theft Worth $14.5B
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 03 2025Largest Crypto Theft Revealed: Arkham Intelligence has uncovered a massive theft of 127,426 Bitcoin, valued at $14.5 billion, from the Chinese mining pool LuBian in December 2020, attributed to a vulnerability in their private key generation algorithm.
Impact on Crypto Security: The incident highlights critical flaws in crypto security practices, emphasizing the importance of proper private key management, as the stolen Bitcoin remains untouched and poses challenges for recovery due to its high visibility.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
