☠️ Beware of phishing❗️ In March, Coinbase users 🇺🇸 lost 46 million USD

☠️ Beware of phishing❗️ In March, Coinbase users 🇺🇸 lost 46 million USD

Just under two months after the Bybit scandal, another phishing alert is triggered. The information about the fraud was shared by crypto detective ZachXBT.

➡️ The criminals deceived victims into sending funds to fraudulent wallets with addresses that closely resembled the legitimate ones.

➡️ In his Telegram post from March 28, the detective wrote: "It is suspected that yesterday a Coinbase user was tricked into sending 34.9 million USD (400,099 BTC)." Although the suspicions have not been confirmed, previous alerts suggest a concerning pattern.

➡️ Coinbase has launched an internal investigation and clarified that "…we will never call you or ask for your access credentials, API keys, or two-factor authentication codes. We will never ask you to transfer funds."

➡️ Context: According to CoinMarketCap, Coinbase is the third-largest centralized cryptocurrency exchange in the world, with a daily trading volume of over 1.6 billion USD. However, its security track record has received criticism.

➡️ For reference: Little is known about ZachXBT's identity: his name is Zachary, and he is American. Since 2021, his work has been funded exclusively through donations from crypto users and grants from crypto organizations. He has helped recover over 210 million USD from fraud victims and worked with authorities to seize 225 million USD.

#news #crypto #fraud

🏦 Payouter.com — looking for traders for processing in 🇮🇳 India: P2P, P2C, Intent. We are waiting for you