BTCC / BTCC Square / Coindesk /
Exposed: $3.5B LuBian Bitcoin Heist Evaded Detection for Half a Decade

Exposed: $3.5B LuBian Bitcoin Heist Evaded Detection for Half a Decade

Author:
Coindesk
Published:
2025-08-02 21:02:08
20
1

Arkham Says $3.5B LuBian Bitcoin Theft Went Undetected for Nearly Five Years

How did $3.5 billion in Bitcoin vanish without a trace? Arkham's bombshell report reveals the LuBian theft flew under the radar for nearly five years—exposing gaping holes in crypto's surveillance infrastructure.

The stealth hack that rewrote the rules

While regulators were busy debating stablecoin frameworks, attackers siphoned enough Bitcoin to fund a small country. The exploit bypassed every major chain analytics tool—proving even 'immutable' ledgers have blind spots.

Wake-up call or just another Tuesday in crypto?

Security teams are scrambling to reverse-engineer the attack vectors. Meanwhile, exchange CEOs are tweeting 'funds are safu' with the same energy as 2017 Mt. Gox apologists. Some things never change—except the zeros disappearing from your portfolio.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users