Alleged Coinbase hacker trolls ZachXBT with on-chain message after swapping $42.5m BTC

Alleged Coinbase hacker trolls ZachXBT with on-chain message after swapping .5m BTC

Crypto sleuth ZachXBT revealed that the hacker accused of stealing Coinbase buyer information left him a taunting message on-chain after swapping $42.5 million price of BTC for ETH on THORChain.

In a broadcast message despatched to his Investigations Telegram channel, on-chain investigator ZachXBT claimed to have obtained a message despatched from a hacker accused of swindling greater than $300 million price of crypto belongings from customers. The message was despatched to his on-chain Ethereum (ETH) account.

“The threat actor who stole $300M+ from Coinbase users by paying customer support just began trolling me on-chain with this message,” stated ZachXBT in his Telegram message.

The message was despatched from an tackle merely named Fake_Phishing1158790 and contained the phrases “L bozo” and what seemed to be a hyperlink to a YouTube video displaying the viral web brief clip of former NBA athlete James Worthy smoking a cigar after a Lakers win.

“Smoking that ZachXBT pack,” one consumer commented underneath the YouTube video, indicating they have been led to the video after seeing the on-chain message addressed to the crypto sleuth.

The message was linked to the alleged hacker’s current on-chain transaction, which consisted of swapping $42.5 million price of BTC (BTC) for ETH by way of THORChain.

The Coinbase consumer information exploit was first disclosed by the alternate on Might 15. The hacker was believed to have bribed buyer help employees to steal delicate consumer information.

In line with Coinbase, the attacker was in a position to get ahold of telephone names, addresses, telephone numbers, government-issued IDs, and different account information. The alternate claimed that the exploit solely affected lower than 1% of customers.

After firing the customer support employees concerned, the corporate estimated the breach may price as much as $400 million to resolve. The attackers had requested for a $20 million ransom from the crypto alternate. Coinbase refused to pay the $20 million ransom and is providing a bounty for anybody who can monitor down the attacker.

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