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Analyst Exposes Stealth $13B Bitcoin Seizure — Feds Took 127,271 BTC Last Year

A new entry on the U.S. government’s forfeiture.gov website shows that officials bagged the headline-grabbing 127,271 BTC on July 23, 2024, from the Lubian wallets. Analyst Emmett Gallic was the…

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US Government May Have Quietly Seized Another $2.4B in Bitcoin Linked to Lubian Mining Pool

Over the past 24 hours, attention has zeroed in on the freshly confiscated bitcoins now in U.S. government custody — and the mining pool allegedly built on dirty money funneled…

Continue ReadingUS Government May Have Quietly Seized Another $2.4B in Bitcoin Linked to Lubian Mining Pool

Mystery Deepens Around 16,237 BTC Moved From Lubian Wallets Amid $36B US Bitcoin Cluster

On Tuesday, Bitcoin.com News covered the U.S. government’s move to seize more than 127,000 bitcoins from Chinese national Chen Zhi and an international fraud ring dubbed Prince Group. Our newsroom…

Continue ReadingMystery Deepens Around 16,237 BTC Moved From Lubian Wallets Amid $36B US Bitcoin Cluster

127,000 BTC Under US Seizure Tied to Milky Sad Weak-Key Vulnerability, Onchain Slueth Says

U.S. authorities’ push to seize more than 127,000 bitcoin has revived a key thread: several of the wallets at issue are labeled by Arkham Intelligence as tied to the “Lubian.com…

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September’s DAT Tally: Bitcoin Treasuries Add 46,187 BTC; Combined Value Near $435B

Bitcoin treasuries added 46,187 BTC in September, bringing tracked holdings to roughly 3.8 million BTC at the month’s close, according to bitcointreasuries.net’s September report. Quiet Accumulation: September Buying Tracks August…

Continue ReadingSeptember’s DAT Tally: Bitcoin Treasuries Add 46,187 BTC; Combined Value Near $435B