Coinbase hacker mocks chain researchers while whitening millions

By Hannah Pérez

Those responsible for the Coinbase security gap left a public mockery in the blockchain, laugh at the renowned cryptocurrency detective, Zachxbt. They also moved USD $ 45 million in cryptocurrencies.

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The attacker behind Coinbase’s data theft mocked chain researchers publicly.
He left an insulting message and a meme in Ethereum’s blockchain.
It also moved more than USD $ 45 million in cryptocurrencies through Thorchain.
Coinbase revealed that almost 70,000 users were affected by the security gap.

The malicious actor responsible for the user data gap in Coinbase He has dared to publicly challenge one of the best known figures of tracking Blockchain while moving millions in cryptocurrencies.

While the looks of the cryptocurrency community are put on an incident in Coinbase that allowed cybercounts to access names, addresses, account balances and other relevant data of thousands of users, alerting about concerns and even causing death warnings, those responsible are making their own.

The block chain researcher, Zachxbt, informed his followers in Telegram on a mockery message issued by those involved in the violation of Coinbaseas well as a series of transactions that suggest attempts to wash funds.

Cybercounts mock publicly

Coinbase He reported last week that Cybercriminals managed to obtain data from the exchange of the exchange after having bribed members of their customer service staff. The theft would have occurred in December 2023, according to a presentation before the office of the MAINE attorney general, but the company was alerted by the attackers themselves this month.

This dissemination also details that the data of almost 70,000 people would have been compromised by the hackers, who tried to blackmail Coinbase to pay USD $ 20 million in Bitcoin for not making vulnerability public. Coinbase He said he refused to negotiate with the bad actors and instead launched a reward for the same amount to catch them.

Using the message field in transactions of Ethereumthe attacker He left a note that said “L Bozo”accompanied by a YouTube link to a Meme video where the NBA legend, James Worthy appears, smoking a pure. Chain data relate the message issuer with those responsible for theft of data to Coinbaseas he pointed out.

The trolling gesture seems expressly aimed at Zachxbt, one of the most reputable and active cryptocurrency researchers in the sphere, and who sometimes informs the firstfruits of hackeos, gaps and key security incidents in the industry.

Months before Coinbase He would reveal the security gap, Zachxbt had resorted to social networks to report losses of cryptocurrencies estimated at USD $ 300 million among users of the exchange for social engineering scams in the hands of attackers who acted as customer service representatives.

Washing funds through Thorchain

In addition to the joke, the malicious actors have also begun to move large sums of money. In fact, the trolley message It arrived just after the address in question transferred around USD $ 42.5 million Bitcoin Thorchain via.

The team of Peckshield He noticed that the attacker’s wallet direction carried out sophisticated movements within the blockchain in an alleged effort to wash stolen funds. Specifically, one of the key actions was the conversion of 8,697 ETH – which are equivalent to USD $ 22,000,000 – directly to the Stablecoin DAI.

In parallel, another presumably related direction, which received 9,081 eth through Thorchain, also transformed those holdings into DAI, thus managing to bleach –together – more than USD $ 45 million in digital assets.

These transfers, fast and carefully executed, are part of a broader money laundering strategy designed to hinder tracking by authorities and experts. In particular, the use of protocols such as Thorchain adds a layer of anonymity, complexing the work to trace the origin of the funds.

Coinbase in the center of the looks

The news adds to the series of developments that frame the controversial case of filtration of Coinbasethat some have identified as one of the worst threats for the privacy and safety of cryptocurrency users.

The founder of TechcrunchMichael Arrington, has been one of those who has warned that stolen data could lead to death risks for users, especially in a wave of physical aggressions to cryptocurrency investors.

It is worth noting that while cybercriminals did not obtain passwords, the data provided sufficient information to know against those who direct manipulation and fraud campaigns, through which they then managed to access user accounts using persuasion and social engineering techniques.

Coinbase He has not said how much the users who fell into the traps of the scammers lost, but estimate that it will spend between USD $ 180 million and USD $ 400 million to reimburse those affected.

Hannah Estefanía Pérez / Diariobitcoin

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