Coinsbuy
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·2vufah…39BsSummary
Coinsbuy (coinsbuy.com) is a B2B cryptocurrency payments platform and exchange incorporated in Saint Vincent and the Grenadines, with reported operational presence in Panama. On August 9, 2026, wallets linked to the platform were drained of approximately $7.9–8.07 million across Ethereum and TRON networks in a coordinated cross-chain attack. The company stated that all affected client funds were covered from its own reserves, though the attack vector remained publicly unconfirmed as of mid-August 2026.
Connected Entities
7 entities · 60 linked investigations- TVpX9x…ubGR→mentioned with→Coinsbuy(50%)
- Coinsbuy→mentioned with→ChangeNOW(70%)
- Coinsbuy→mentioned with→Ethereum(70%)
- Coinsbuy→mentioned with→Monero(80%)
- ChangeNOW→mentioned with→Monero(70%)
- ChangeNOW→mentioned with→Ethereum(65%)
- Coinsbuy→mentioned with→FixedFloat(80%)
- ChangeNOW→mentioned with→FixedFloat(70%)
- ChangeNOW→mentioned with→Coinsbuy(70%)
- Cointelegraph→mentioned with→Ethereum(60%)
- + 2 more
Community submissions
“Post-hack forensic analysis shows the attacker routed 79% of stolen funds ($6.34M) through FixedFloat and 150 ETH through ChangeNOW, using the Bridgers cross-chain swap protocol to link the Tron and Ethereum legs of the heist. BlockWatchdog identified 282.2 ETH ($542K) still sitting in five known attacker addresses as of mid-August, potentially recoverable with law-enforcement cooperation. These on-chain forensic details add evidence to the existing Coinsbuy entry.”
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- Under reviewincriminating8/21/2026, 10:11:02 PM
“BeInCrypto August 2026: Confirmed $7.9M hack across TRON and Ethereum with Monero laundering via Bridgers; forensic trail lost to XMR”
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“Crypto.news coverage of the August 9, 2026 Coinsbuy dual-chain drain — $7.9M lost across ETH and TRON, funds routed toward Monero via cross-chain swappers, attack vector unestablished”
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“CoinTelegraph (Tier 1) confirmation of August 9 hack — Coinsbuy's own admission of the security breach, $7.9M drained across Ethereum and TRON, funds routed to Monero to obstruct recovery.”
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“Detailed post-incident coverage confirming the $7.9M drain, the Monero laundering path including the significance of the recent Monero upgrade killing forensic fallback, and the partial ChangeNOW interception. The laundering-method evolution is material context for the trust assessment.”
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“CryptoTimes August 10 details $7.9M cross-chain drain and Monero laundering. Confirmed new hack incident for existing Coinsbuy investigation page.”
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“CoinDesk investigative report with Bridgers cross-chain link detail and Monero laundering trail — Tier 1 primary source, captures the full scope of the coordinated attack methodology”
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Timeline(6 events)
2019
Coinsbuy reportedly founded (approximate year; exact date not confirmed in public sources).
Crunchbase9 August 2026
Wallets linked to Coinsbuy drained of approximately $8.07 million across TRON (6.04M USDT from 8 wallets) and Ethereum (1.89M USDT + 77 ETH from 3 wallets) beginning around 13:00 UTC. Attack initiated with a 5 USDT test transaction. Blockchain investigator SpecterAnalyst first flagged the incident on Telegram.
CoinDesk, CoinTelegraph, Decrypt9 August 2026
Coinsbuy temporarily suspends deposits and withdrawals following the breach. Attacker routes ~79% of funds through FixedFloat using ~50 single-use addresses; additional routing via ChangeNOW and BingX. Proceeds converted to Monero.
Crypto Briefing, CryptoTimes9 August 2026
ChangeNOW freezes a six-figure portion of stolen assets during the laundering process. Approximately $542,000 in ETH remains unmoved across five addresses.
CoinDesk10 August 2026
Multiple crypto news outlets including CoinDesk, Decrypt, CoinTelegraph, and Crypto.news publish reports on the breach. PeckShield and GoPlus Security publicly share on-chain analysis and suspected theft addresses.
CoinDesk, Decrypt, CoinTelegraph11 August 2026
Coinsbuy issues public statement confirming the breach, stating all affected client funds have been covered from company reserves. Company offers a $100,000 reward for information identifying perpetrators.
CoinTelegraphDecision Log
- hash: J9fRn2vNMLVxv9DqAx7nXsF17mfdvbAkUVSx7TgGLKd3
- hash: 2wxMJZg2hdbHJ8c1EUriFRfSykPAw8r4ox7mBniBgbcE
- hash: EcDpcN8UfrxP7mZ5hRxKBPb4JKjP4NGBm3KGngx8dTmw
This investigation is cryptographically anchored to the Solana blockchain (3 events). 14 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 8/11/2026, 12:04:11 PM
last updated: 8/25/2026, 6:58:37 PM
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