PANews reported on May 22 that according to ZachXBT: "The threat actor who stole more than $300 million from Coinbase users by bribing customer service converted more than $42.5 million from BTC to ETH through Thorchain today and began taunting me with this message (screenshot) on the chain."

Yesterday, Coinbase disclosed that the data theft in December 2024 affected 69,461 users . Coinbase refused to pay a $20 million ransom and offered a reward for tracking down its identity.