Excellent operational work. If all exchanges had taken such measures in time, the hackers would probably have received significantly less.
What do you think?
Just this time, coinbase had performed its duty to safeguard the funds of its client. Honestly it is a good job for them in preventing their 1000 clients from losing money on that recent scam attempt. Just for this moment, even though we experienced bad Customer Service from them, we should at least be appreciative to the fast action of blacklisting the scammer address to prevent further damage to their customers.
This is what we should look for in an exchange, protecting us from those hackers by cancelling transactions if they are suspicious. Coinbase will surely increase and improve its reputation towards this other people who are looking for a good crypto exchange. We need more of this and I hope that Coinbase should be a role model for other exchange to have a high security and safety in its customer's transactions. Imagine, 30.4 bitcoin is equivalent to $278,000, and that's a huge money. If Coinbase didn't prevent that sending of money, probably those hackers will celebrate, but we are glad that Coinbase did its responsibility as an exchange.