Coinbase Hacker Swaps $42 Million, Mocks ZachXBT

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A hacker linked to the Coinbase consumer information breach has reappeared with new blockchain exercise and a public message aimed toward crypto investigator ZachXBT.

In an Ethereum transaction dated Might 21, the hacker added a brief notice, "L bozo" together with a video of basketball participant James Worthy smoking a cigar.

This was executed after the hacker swapped round $42.5 million in Bitcoin BTC $110,795.12 for Ethereum ETH $2,661.76 utilizing the THORChain RUNE $2.11 platform.

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ZachXBT identified the message on his Telegram channel and mentioned it got here from the identical pockets concerned within the breach that affected almost 70,000 Coinbase $3.65B customers.

On Might 22, blockchain safety agency PeckShield reported extra transactions from the hacker. One pockets exchanged 8,697 ETH for about $22 million within the DAI DAI $0.9963 stablecoin. One other pockets, which had obtained 9,081 ETH by THORChain, swapped its funds for roughly $23 million in DAI.

The unique breach occurred in December 2024 however was not discovered till Might 11, 2025. In keeping with a submitting with Maine’s Legal professional Basic, the hackers accessed names, addresses, and different non-public particulars.

The hacker requested for a $20 million ransom in Bitcoin to maintain the info from being leaked. Nonetheless, Coinbase refused and as a substitute provided the identical quantity as a reward for data that would assist establish these behind the assault.

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