Recently, the on-chain data analysis platform Arkham released a shocking investigative report, revealing a major Bitcoin theft incident that occurred in December 2020. The victim of this incident was the well-known mining pool LuBian, which once accounted for 6% of the Bitcoin network's computing power, with a stolen amount reaching 127,426 Bitcoins, equivalent to approximately 1.45 billion USD at current market capitalization.

The event known as "the largest BTC theft in history" has remained dormant for nearly 5 years. According to Arkham's analysis, the main mining equipment of the LuBian Mining Pool is deployed in China and Iran. When it was hacked in December 2020, the value of the stolen assets was approximately $3.5 billion. However, with the surge in Bitcoin prices, the value of the stolen funds has more than quadrupled.

It is worth noting that, as of now, neither the LuBian Mining Pool nor the involved hacker has made any public response or acknowledgment regarding this astonishing theft case. This silence not only deepens the mystery of the event but also triggers widespread discussions in the industry about cryptocurrency security issues.

The exposure of this incident comes at a time when the cryptocurrency market is in a period of turbulent decline, undoubtedly exacerbating the already fragile market confidence. It not only exposes the potential risks of large Mining Pools in terms of fund security but also sounds the alarm for the entire cryptocurrency ecosystem.

As the investigation deepens, the industry is eager to learn more about the details of this large-scale theft, including how the hackers carried out the attack and the whereabouts of the stolen funds. This incident once again highlights that although blockchain technology has the characteristics of decentralization and security, it still faces severe security challenges in practical applications.

For cryptocurrency investors and Mining Pool operators, this incident is undoubtedly an important warning, reminding them to pay more attention to asset security and risk management. At the same time, it provides regulators with a direction for thought on how to establish a more comprehensive security mechanism and regulatory framework without affecting industry innovation.

As the details of this "largest BTC theft in history" gradually come to light, the entire cryptocurrency industry is closely watching the developments. Regardless of the outcome, this event will become an important milestone in the history of Bitcoin's development, with far-reaching implications.