Hacker Who Stole $300M from Coinbase Buys 649.62 ETH Worth $2.31M

Mars Finance News reports that recent blockchain analysis by Lookonchain has identified a significant transaction linked to the hacker responsible for the $300 million Coinbase user theft. Approximately 9 hours ago, the cybercriminal acquired 649.62 ETH, valued at around $2.31 million, with an average purchase price of $3,561 per ETH. This movement highlights ongoing asset activity following the high-profile breach, underscoring the importance of continuous monitoring within the crypto security landscape. Such transactions emphasize the need for enhanced vigilance among exchanges and users to mitigate risks associated with illicit fund flows.