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ZachXBT: A Coinbase user was suspected of being cheated of about $34.9 million in BTC yesterday

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Reprinted from panewslab

03/28/2025·1M

PANews March 28th news, on-chain detective ZachXBT said on the official channel, "Yesterday a Coinbase user was suspected of being cheated of $34.9 million (400.099 BTC). After discovering this scam, it was noted that there were many suspected Coinbase users being cheated in the past two weeks. Each stolen funds were cross-chain from Bitcoin to Ethereum through Thorchain/Chainflip and exchanged for DAI. Coinbase did not mark these addresses in its compliance tools."

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