đ¨ One of the wildest crypto hacks of 2025 just hit Coinbase users â $65M stolen in a phishing campaign that spiraled into a full-blown DeFi thriller.
The hacker didnât just disappear⌠they taunted top blockchain investigator @zachxbt on-chain with âL bozoâ - slang term for the person as a "loser" and a mock YouTube link â after laundering $42.5M through THORChain and moving another $22.6M in ETH.
Turns out, the phishing wallet was tied to a Coinbase insider leak where former support staff sold off the KYC data of 69,000+ users.
Hackers demanded a $20M ransom to keep that info private â Coinbase refused and flipped it, offering $20M as a bounty to catch them.
Total fallout? Could cost Coinbase $400M+ in remediation.
The hackerâs still out there. Still moving money. Still mocking investigators.
This is DeFiâs dark reality â and it's only getting more chaotic.
