The hacker behind the information injuries against Coinbase users mocked the Blockchain investigator ZachxBT with an Onchain message after a big crypto exchange.
On May 21, the hacker, who previously stolen data from at the least 69,400 Coinbase users, used Ethereum transaction input data to put in writing “L Bozo”, followed by a meme video from NBA player James Worthy, which smokes a cigar.
The news got here after the attacker had exchanged for Ether (Eth) for Ether (Eth) on Thorchain from Bitcoin (BTC).
ZachxBT marked the message on his telegram channel and linked it with the identical unit, which is answerable for the violations of the Coinbase data and affects at the least 69,400 users.
Coinbase Hacker Trolling Zachxbt. Source: Zachxbt.
On May 22, Peckshield Peckshield reported that the blockchain security company continued to maneuver the hacker and exchanged 8,697 ETH against 22 million DAI (DAI). A separate but closely linked address, which received 9,081 ETH via Thorchain 9.081, also convert the assets into 23 million DAI.
Coinbase met after violating lawsuits
The Coinbase Breach, which was first reported to the Maine General Prosecutor's Office, occurred in December 2024 and was discovered on May eleventh. The stolen data includes names, house addresses and other personal data.
After disclosure, the attackers in Bitcoin called for a ransom of $ 20 million to stop the discharge of the stolen data. Coinbase rejected and as an alternative offered a bonus of 20 million US dollars for information that led to the identification of hackers.
The company estimates a possible financial impact between $ 180 million and $ 400 million because of renovation costs and customer compensation.
After the revelation, Coinbase was also exposed to a wave of lawsuits. At least six legal symptoms were submitted between the fifteenth and sixteenth May, whereby the plaintiffs didn’t implement the exchange, to not implement appropriate security measures and to disregard their response to the violation.
Thorchain under control for criminal use
The use of Thorchain by the Coinbase Hacker, Bitcoin value 42.5 million US dollars to exchange in ether occurs, for the reason that protocol is exposed to a growing test of its role in facilitating illegal transactions.
In March the platform got here under fire after its exchange volume after the 1.4 billion dollar -Bit -Hack rose. The protocol generated sales of over 5 million US dollars after the SWAP volume of 5.4 billion US dollars was processed. Over 1 billion US dollars were postponed in sooner or later.
Blockchain security firms identified the North Korea's Lazarus Group because the major suspect and used Thorchain to scrub a major a part of the stolen funds.
As a Thorchain developer, referred to as “Pluto”, the controversy had resigned after a vote against block transactions in reference to Lazarus.
