<ul data-eligibleForWebStory="true"><li>Hacker Daytwo stole $4M from Coinbase users by impersonating support, laundering funds through Roobet and Monero, and spending on luxury goods.</li><li>The scheme involved social engineering methods coercing users into creating wallets controlled by the attacker.</li><li>The hacker behind the scam was identified as US citizen Christian Alfonso Nieves.</li><li>The incident wasn't due to a failure on Coinbase's part.</li><li>The hacker ran a small call center and posed as Coinbase support staff to persuade users to create new wallets.</li><li>Funds were laundered through Roobet and Monero, with some spent on luxury items.</li><li>The hacker's lack of efforts to hide their identity led to their exposure.</li><li>Their overconfidence could lead to criminal charges.</li><li>Social engineering remains a common and sophisticated threat in the era of secure blockchain systems.</li><li>Remaining vigilant, double-checking addresses, and avoiding sharing personal information are crucial in protecting against such scams.</li></ul>

Hacker Daytwo Stole $4M from Coinbase Users

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