How was the hacker behind the lubian bitcoin heist caught by law enforcement? Why did it take a while?
This hackers makes use of a mining pool to hack and steal on other users asset, they are doing this gradually without any suspicious thinking they cant be noted until their cup is full and caught up, you can imagine about 127,000 bitcoin stolen form this hackers silently, this is ridiculous.
I want to believe the Arkham Intelligence were the ones behind the discovery of this largest crypto heist over four years ongoing without being noticed by the people, you can read more about the whole story and how it happened form the article below.
Arkham believes the vulnerability may have stemmed from LuBian’s use of a flawed private key generation algorithm that left it susceptible to brute-force attacks. The stolen BTC has apparently remained largely dormant, with the last major movement being a wallet consolidation in July 2024.
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