Coinbase Hacker Taunts Investigator ZachXBT After $42M Bitcoin Transfer

In a bold move, the hacker behind a major Coinbase theft has publicly mocked renowned on-chain investigator ZachXBT. The threat actor sent an ethereum transaction with a taunting message and a link to a meme video, escalating tensions after ZachXBT exposed their identity.

Coinbase Hacker Mocks Crypto Investigator ZachXBT After Moving $42M in Bitcoin

The threat actor behind a significant theft from Coinbase users has escalated their brazen behavior by publicly taunting ZachXBT, a well-known on-chain investigator. The hacker sent an Ethereum transaction containing the message "L bozo," accompanied by a link to a YouTube meme video featuring NBA legend James Worthy. This act of mockery follows ZachXBT’s exposure of the hacker’s identity and their connection to the Coinbase data breach.

So far, the hacker has converted $42.5 million worth of stolen Bitcoin into Ethereum using THORChain. The incident underscores the audacity of cybercriminals in the crypto space and the challenges faced by those working to track and expose illicit activities.

Coinbase Data Breach Update: Hacker Moves $42.5M in Bitcoin to Ethereum

The hacker responsible for the Coinbase data breach has publicly taunted blockchain investigator ZachXBT while converting $42.5 million worth of bitcoin to Ethereum. An on-chain message reading "L bozo" was left as a clear jab at ZachXBT and other analysts tracking the illicit funds. This brazen act of defiance follows Coinbase’s refusal to pay a $20 million ransom demand.

The crypto community remains on edge as fears of a broader security breach loom. Despite the shockwaves, industry participants are signaling resilience, with plans to counteract such threats already in motion. The incident underscores the ongoing challenges of security and trust in digital asset ecosystems.