Exclusive: Notorious Crypto Scammer Brags About $4M Coinbase Heist—ZachXBT Exposes the Trail

Crypto's dark underbelly just got another headline. A brazen scammer is publicly flaunting a $4 million haul siphoned from Coinbase users—and blockchain sleuth ZachXBT is connecting the dots.

How the heist unfolded

The attacker didn't bother hiding. Screenshots of luxury purchases and wallet balances surfaced on social media, dripping with the subtlety of a Lamborghini dealership. Meanwhile, victims' transaction histories show funds vanishing faster than a Bitcoin maximalist's patience during a bear market.

The irony? This plays out while traditional finance still lectures crypto about 'security.' Maybe ask your bank why it takes three days to clear a check while thieves work in real-time.

Scammer stole $240K from an elderly man, bets it on Roobet

One such case was an elderly victim who lost $240K to the scam, which was recorded on Discord. Daytwo deposited some of the assets on a betting site, Roobet, and converted the rest into the privacy coin Monero (XMR).

ZachXBT identified the Roobet username “pawsonhips” as belonging to Nieves, noting that the associated deposit address has links to over 30 suspected thefts totaling approximately $4 million. He also stated that Nieves frequently placed bets with friends during Discord calls using the same account.

What makes this case especially notable is the scammers’ openness. Unlike more covert operations, Daytwo and his associates regularly showed their faces during calls and openly discussed laundering strategies, behavior that ultimately helped investigators trace them.

While blockchain technology itself continues to mature, crypto remains a soft target for bad actors due to its open-access nature and lack of traditional banking safeguards. As ZachXBT noted, cases like this often involve unsophisticated scammers whose carelessness leads to their eventual exposure.