The pirate behind the data violation targeting Coinbase users made fun of the zachxbt blockchain investigator with an onchain message after an exchange of major crypto.
On May 21, the pirate used input data on Ethereum transactions to write “L Bozo”, followed by a video of meme by NBA player James Worthy smoked a cigar.
The message came after the striker exchanged around $ 42.5 million Bitcoin (BTC) to Ether (ETH) via Thorchain.
Zachxbt reported the message on his telegram channel, binding it to the same entity responsible for the Violation of Coinbase data affecting at least 69,400 users.
On May 22, the blockchain security company Peckshield said that the pirate had continued to move funds, exchanging 8,697 ETH for 22 million DAI (DAI). A separate but closely linked address, which received 9,081 ETH via Thorchain, also converted assets to 23 million DAI.
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Coinbase struck prosecution after a violation
Coinbase’s violation, reported for the first time in a file with the Maine prosecutor’s office, took place in December 2024 and was discovered on May 11. Stolen data include names, reception addresses and other personal information.
After disclosure, the attackers demanded a ransom of $ 20 million in Bitcoin to prevent the release of stolen data. Coinbase refused and rather offered a bonus of $ 20 million for information leading to the identification of pirates.
The company estimates a potential financial impact between $ 180 million and $ 400 million due to customer repair and remuneration costs.
Coinbase also faced a wave of proceedings after the revelation. At least six legal complaints were filed on May 15 and 16, the complainants accusing the exchange of not having implemented adequate security measures and poorly managing their response to the violation.
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Thorchain under surveillance for criminal use
The use by the Coinbase of Thorchain to exchange $ 42.5 million in the ether in the ether comes while the protocol is faced with an in -depth examination of its role in the facilitation of illicit transactions.
In March, the platform was criticized after its exchange volume jumped after the hacking of $ 1 billion. The protocol generated more than $ 5 million in revenues after treating $ 5.4 billion in exchange volume, with more than a billion dollars was moved in one day.
Blockchain security companies have identified the Lazarus group in North Korea as the main suspect, using Thorchain to whiten a large part of the stolen funds.
The controversy has intensified when a Thorchain developer, known as “Pluto”, resigned after a vote to block the transactions linked to Lazarus was canceled.
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