80,000 Bitcoin Heist: Coinbase Exec Exposes the Largest Crypto Hack in History

Was this the digital heist of the century? A Coinbase insider just dropped the bombshell—someone siphoned off a staggering 80,000 BTC in what might be crypto's biggest breach yet.

### The Smoking Gun: How the Hack Unfolded

No fancy jargon—just cold, hard code flaws exploited. The attacker didn’t need a balaclava, just a keyboard and a gap in the system.

### Why This One Stings Worse Than Mt. Gox

Forget 'too big to fail'—this was 'too big to notice' until it was too late. Meanwhile, Wall Street still thinks blockchain is a type of bike lock.

### The Aftermath: Trustless, But Not Fearless

Decentralization’s dirty secret? When things go south, there’s no customer service line. The crypto world shrugs and HODLs on—while the hacker cashes out.

Receipt Of Test Transaction After a successful test, the whale moved its first 10,000 BTC ($1.09 billion) from the “12tLs9” before shifting from all other 7 wallets linked to the owner, totaling 80,009 BTC ($8.6 billion). Grogan Highlights Strange Move Moreover, Grogan shared that the other BCH wallets affiliated with the BTC whale remain untouched, aside from the one involved in the test transaction. As a result, he questioned why the owner had not moved them if his intention was simply to relocate his Bitcoin stash to new addresses. Grogan ruled out the possibility it was an exchange wallet or an institution moving their stash due to the BCH test transaction. He also highlighted that the whale moved the stash manually, further suggesting it was an individual. Nonetheless, he stressed that he was “speculating on straws here” and had not confirmed his suspicions. But if it is right, the BTC theft would be the largest heist in human history. Remarkably, it would trounce the Bybit hack, which currently stands as the largest dollar-worth heist in crypto history. Recall that hackers drained $1.5 billion from Bybit in February and have completely moved the looted funds.