Coinbase Hacker Wallet Buys $18.9M ETH — Wallet Activity Raises Questions
Introduction The Coinbase hacker wallet has resurfaced in headlines after executing a large Ethereum purchase worth nearly $18.9 million. Blockchain explorers flagged the transaction, sparking intense debate within the crypto community about attribution, laundering, regulatory gaps, and market manipulation. While such wallets often lie dormant, the move suggests a new phase in how suspected exploit-linked…