Coinbase’s Conor Grogan Flags Possible Hack in $8.6B Bitcoin Move
2025-07-05 11:28:52
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Description
Coinbase’s head of product, Conor Grogan, has suggested there is a slight chance that the $8.6 billion worth of Bitcoin moved on Thursday from wallets dormant for over 14 years may have been the result of a hack. If proven true, Grogan noted, it could mark the largest heist in history . “If true (again, I’m speculating on straws here), this would be by far the largest heist in human history,” Grogan stated in a post on X on Friday, reflecting on the unusual transfer of BTC from eight separate wa...
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