Bitcoins Seized by the US Moved: 15,959 BTC Moved in Lubian File

Bitcoin seized by US authorities has moved again. According to OnchainLens data dated October 22, 2025, 15,959 BTC were transferred from wallets associated with the Lubian mining pool to different addresses. The transaction amount is equivalent to approximately $1.83 billion based on Bitcoin’s current price. The transfer has once again raised concrete signs of legal action within the cryptocurrency ecosystem.

Network Traces and the Official Seizure Process
The source of the transaction is reportedly based on a much more complex case than a simple cyberattack. In 2020, Lubian reported the loss of 127,426 BTC as a hack. However, as investigations progressed, it was revealed that this was linked to an embezzlement scheme orchestrated by one of its executives, Chen Zhi. US authorities mapped the funds individually using on-chain tracking methods. They seized the assets by gaining access to the linked private keys.

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The 15,959 BTC transfer seen today means the seized assets are now under official control. The funds were split and moved to four separate addresses.

Background and Developments of the Lubian Scandal
The Lubian hack narrative has been questioned over time by network data. Evidence gathered by authorities proved that the loss was part of an internal, not…