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ZachXBT (@zachxbt): 1/ Earlier this year in April 2024 a Coinbase Commerce contract saw $15.9M of suspicious outflows indicating a merchant had potentially been exploited…

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1/ Earlier this year in April 2024 a Coinbase Commerce contract saw $15.9M of suspicious outflows indicating a merchant had potentially been exploited. Shortly after a threat actor with the alias ‘Excite’ began showing off the stolen funds in chats. Let’s dive in.

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