The hacker liable for the Coinbase information breach has instantly mocked outstanding blockchain investigator ZachXBT by way of an on-chain message following a significant cryptocurrency swap.
The attacker wrote “L bozo,” together with a meme video of NBA participant James Worthy smoking a cigar, on Could 21 utilizing Ethereum transaction enter information.
The threatening message adopted the hacker’s change of about $42.5 million of Bitcoin for Ethereum by way of the THORChain cross-chain platform. This present of disrespect for one of the vital famend investigators within the crypto group demonstrates the brazenness of cybercriminals within the business.
ZachXBT flagged the provocative message on his Telegram channel and confirmed the connection to the identical entity behind the Coinbase information breach that compromised private info of a minimum of 69,400 customers.
Continued fund actions tracked by safety companies
On Could 22, in keeping with blockchain safety firm PeckShield, the hacker exchanged 8,697 ETH for 22 million DAI stablecoin and proceeded to switch the stolen cash.
The primary person information breach at Coinbase occurred in December 2024, however went unnoticed till Could 11, in keeping with a submitting with the Maine Legal professional Basic’s workplace. The information breach info additionally contains names, house addresses, and different delicate private information of the affected customers.
When making public the hack, the hackers mentioned they’d launch the stolen info for a Bitcoin ransom of $20 million. Coinbase was not a sufferer of this blackmail however as an alternative put out a $20 million reward for any info that will result in the hackers’ identification.
The breach estimates potential monetary affect of between $180 million and $400 million within the type of remediation charges, buyer refunds, and different breach-related costs. The determine highlights the intense monetary affect along with the rapid information theft.
