ZachXBT Highlights US Government Bitcoin Seizure Linked to Past Security Report

The US government seizes 127,000 BTC, valued at $14 billion, potentially linked to the 2020 LuBian mining pool hack, with analysts raising suspicions of government involvement.

BTC

Summary

On October 15, 2025, blockchain investigator ZachXBT revealed that the US government had seized 127,000 BTC, valued at $14 billion, from wallets flagged in a prior MilkySad report. The funds are believed to be linked to the 2020 LuBian mining pool hack, the largest Bitcoin theft in history. Although no direct evidence of government involvement in the hack has been found, analysts suggest that the government's actions will be monitored, particularly the wallets connected to the 'LuBian hacker.'

Terms & Concepts
  • LuBian mining pool hack: The largest Bitcoin theft in history, where over 127,000 BTC were stolen in 2020 from a mining pool associated with the LuBian platform.
  • BTC: The ticker symbol for Bitcoin, the first and most widely used cryptocurrency, representing units of the digital asset.