UnknownUnknown

CoinbaseCartel

Financially motivated threat group targeting cryptocurrency platforms and users. Further details pending analysis.

Attribution signal

?Score = mentions × confidence weight, summed across all attributed sources. Higher source diversity increases the score.≥ 10 High≥ 3 Moderate< 3 Low
2.2
Low signal strength
Mentions7
Sources4
High conf.1
Last seenMay 2026
First observed
Last active
Origin
Aliases
1
Techniques
0
Campaigns
0
TargetsCryptocurrency
RegionsGlobal

Attribution signals

7 mentions · 4 sources
#1attributehigh
TTP match
socradar
May 2026

"Researchers attribute the group's rapid expansion primarily to the reuse of stolen credentials obtained from infostealer logs."

#2hypothesizedlow
Unspecified
socradar
May 2026

"The group is also tracked under the alias shinysp1d3r by some researchers, who have hypothesized a connection between CoinbaseCartel and the threat actors known as ShinyHunters, Scattered Spider, and Lapsus$."

#3thought tolow
Infrastructure
socradar
May 2026

"Under this hypothesis, CoinbaseCartel is thought to share personnel or infrastructure with the Scattered LAPSUS$ Hunters (SLSH) alliance"

#4has not been validatedlow
Unspecified
socradar
May 2026

"These assessments remain contested, and attribution beyond superficial operational overlaps has not been validated."

#5unspecified
Unspecified
therecord
May 2026
#6unspecified
Unspecified
bleepingcomputer
May 2026
#7unspecified
Unspecified
security-affairs
May 2026

Hedge terms observed

attributehas not been validatedhypothesizedthought to