In a recent development, a British hacker was sentenced to 3.5 years in prison and required to repay $524,700 (approximately £407,359) in damages for a phishing scam carried out on the Coinbase platform. As reported by Golden Finance, the hacker, who operated from 2018 to 2019, successfully obtained information from over 500 Coinbase accounts through a meticulously designed phishing website, resulting in an asset loss of nearly $900,000. The court ordered him to repay all the stolen funds to compensate the victims. This incident not only highlights the sophistication and complexity of hacker techniques but also serves as a renewed reminder for the public to be vigilant against online fraud.