A wallet linked to the Chinese Bitcoin mining operation LuBian transferred nearly $1.3 billion in Bitcoin a day after the United States Department of Justice (DOJ) moved to seize $15 billion in Bitcoin allegedly stolen from the mining pool in 2020.
On Wednesday, blockchain analytics firm Lookonchain flagged the movement, noting that a wallet linked to LuBian transferred 9,757 Bitcoin (BTC), worth approximately $1.1 billion at the time, to new wallets after a three-year period of dormancy.
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