Coinbase hacker resurfaced in the crypto space by transferring $42 million worth of Bitcoin and trolling ZachXBT with a meme video and a mocking message 'L bozo'.
Reports suggest the total loss amount from the Coinbase hack is estimated between $180 million and $400 million. It was revealed that the hacker swapped about 17,800 ETH for approximately $44.94 million in DAI using THORChain.
The hacker's trolling message to ZachXBT via the Ethereum blockchain input data occurred ten days after Coinbase disclosed a security issue affecting over 69,000 user accounts, linking a meme video of NBA legend James Worthy smoking a cigar.
ZachXBT highlighted that the same person or group behind the recent Coinbase breach exposing users' private information is likely connected to this incident. Additionally, previous reports indicated that Coinbase users lose around $300 million annually to social engineering scams.