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The largest "Bitcoin" theft in history.. Unveiling the secrets behind the disappearance of 127,000 cryptocurrencies from China

In a scandal shaking the world of digital currencies, "Arkham Intelligence" revealed the largest hacking operation in the history of "Bitcoin", where more than 127,000 Bitcoin were stolen from a Chinese mining pool called "Lobyan", in an operation dating back to December 2020, but it remained under wraps until today.

The original value of the stolen coins at that time was about 3.5 billion dollars, but the subsequent rise in Bitcoin's price increased the value of the thefts to 14.5 billion dollars, making this theft the largest ever in the world of cryptocurrencies, surpassing the hack of the "Bybit" platform, which incurred losses of 1.5 billion dollars in February 2025, according to what "Be In Crypto" reported and "Al Arabiya Business" reviewed.