Coinbase hacker spent stolen funds on 100k Solana

Crypto NewsFriday, October 3, 2025 at 10:31:41 AM
Coinbase hacker spent stolen funds on 100k Solana
A recent on-chain analysis reveals that the hacker who breached Coinbase has spent approximately $22.95 million in stolen USD Coin to purchase 100,000 Solana tokens. This marks the second significant acquisition of SOL by the hacker, raising concerns about the security of cryptocurrency exchanges and the potential for further illicit activities. The incident highlights the ongoing challenges in safeguarding digital assets and the need for enhanced security measures in the crypto space.
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