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Home Altcoin

Coinbase Hacker Swaps $42 Million, Mocks ZachXBT

May 22, 2025
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Coinbase Hacker Swaps  Million, Mocks ZachXBT
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A hacker linked to the Coinbase person information breach has reappeared with new blockchain exercise and a public message aimed toward crypto investigator ZachXBT.

In an Ethereum transaction dated Might 21, the hacker added a brief be aware, “L bozo” together with a video of basketball participant James Worthy smoking a cigar.

This was completed after the hacker swapped round $42.5 million in Bitcoin


BTC

$110,590.70

for Ethereum


ETH

$2,660.16

utilizing the THORChain


RUNE

$2.13

platform.

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ZachXBT identified the message on his Telegram channel and mentioned it got here from the identical pockets concerned within the breach that affected practically 70,000 Coinbase

$3.62B

customers.

On Might 22, blockchain safety agency PeckShield reported extra transactions from the hacker. One pockets exchanged 8,697 ETH for about $22 million within the DAI


DAI

$0.9962

stablecoin. One other pockets, which had obtained 9,081 ETH by THORChain, swapped its funds for roughly $23 million in DAI.

The unique breach occurred in December 2024 however was not discovered till Might 11, 2025. In line with a submitting with Maine’s Lawyer Basic, the hackers accessed names, addresses, and different personal particulars.

The hacker requested for a $20 million ransom in Bitcoin to maintain the info from being leaked. Nonetheless, Coinbase refused and as an alternative supplied the identical quantity as a reward for info that would assist determine these behind the assault.

On Might 13, the Layer-2 scaling answer ZKsync and its improvement group, Matter Labs, skilled a safety incident. How? Learn the total story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Warfare II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto lovers face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to individual for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to rework the house as we all know it, and make it extra approachable to finish inexperienced persons.Aaron has been quoted by a number of established retailers, and is a broadcast creator himself. Even throughout his free time, he enjoys researching the market tendencies, and on the lookout for the subsequent supernova.



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Tags: CoinbaseHackerMillionMocksSwapsZachxbt
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