Coinbase-posing scammers steal $1.7M from a user amid a string of attacks
A victim who claims to have lost $1.7 million said a scammer called them claiming to be from Coinbase and sent emails that looked like they came from the crypto exchange.
At least three Coinbase users and one crypto user have reported being targeted by Coinbase-impersonating scammers in the past week, with one victim claiming to have been swindled out of $1.7 million.
Edge & Node co-founder Tegan Kline shared to X on July 7 an explainer from a “good friend” who had their self-custody wallet drained of $1.7 million a day prior after a scammer tricked them into sharing part of their seed phrase.
The victim said the scammer called claiming they were from Coinbase’s security team and sent the victim an email that appeared to be from Coinbase that verified the victim was “speaking to an official representative at Coinbase.”
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Author: Jesse Coghlan
