Coinbase hacker swaps stolen $42.50M BTC for ETH via THORChain, leaves taunting on-chain message for ZachXBT after allegedly bribing support staff to access user data. Coinbase estimates total exposure up to $400.00M.

Hard truths for platforms outsourcing trust to low-security contractors.

#Coinbase #CryptoSecurity #DataBreach #Web3Risks