Coinbase Victim of Latest Phishing Scam, Users Lose over $46 Million

Coinbase Victim of Latest Phishing Scam, Users Lose over $46 Million
Coinbase Victim of Latest Phishing Scam, Users Lose over $46 Million

Main notes

  • According to Zachxbt, one of the 400 BTC theft was worth $ 34.9 million, the largest in the hunting fraud. Fraud tactics such as portfolio poisoning continue to exploit users, while Coinbase remains the most suicide encryption brand.
  • Coinbase recommends users to enable

Blackchain Sleute Zachxbt recently reported that Crypto Excination Coinbase collectively lost more than $ 46 million over the past two weeks on suspicion of fraud in clinic.

Blockchain investigator reported that the fraudsters targeted multiple Coinbase governor this month. A screenshot of Blockchain Explorer Explorer suggests 400 bitcoin

BTC
83 dollars 430



24 hours fluctuation:
0.9 %


The maximum market:
$ 1.66



Folder. 24h:
$ 28.75 b

81,464 dollars per BTC, may be stolen from one wallet address. in Post TelegramNote Zachxbt:


“The Coinbase user was suspected yesterday for $ 34.9 million (400.099 BTC). After the discovery of this theft, I noticed many of the suspected thefts from Coinbase users in the past two weeks, which led to the total theft of this month to 46 million dollars.”

Jacqueline sales, Coinbase’s telecommunications manager, stated that the company is aware of Zachxbt claims and has been investigated.

Sales also added that the exchange of encryption will never request adopting login data for users, API keys, or even 2FA symbols. Thus, if anyone claims that he is from Coinbase and requests this information, the resistance users must provide it, the famous sales.

Fraud operations such as portfolio poisoning and victims deception to transfer assets to the addresses of the fraudulent portfolio that mimic closely the legitimate titles.

In the previous February Blog post, Crypto Exchange reported that users should use a dedicated email account, with two factors authentication, as well as the use of VAULT COINBASE for additional safety.

Coinbase is still the highest goal of encryption

Budgets target encryption users by impersonating the main brands such as Coinbase, which remains the most suicide encryption. It is the third largest central currency exchange in the world (CEX), treating more than $ 1.6 billion in daily trading volume.

Last month, in a post on the X platform, Zachbt stated that Coinbase users lost more than $ 65 million, between December 2024 and January 2025. “Our number is likely to be much lower than the actual stolen amount because our data were limited to access to DMS and our steal that we discovered on delivery that does not monitor Coinbase support and reports that we do not develop , “It was not.

Coinbase has been paid for clearer encryption regulations in the United States. Last month, Coinbase urged the Securities and Stock Exchange Committee (SEC) to unveil the amount of taxpayer money spent on the application of encryption under its previous leadership.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

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Bhushan is enthusiastic about technology and carries a good tendency to understand the financial markets. His interest in the economy and financing draws his attention towards emerging technology markets and emerging technology. He is in a continuous educational process and keeps himself excited to share his acquired knowledge. In spare time he reads fictional excitement novels and sometimes explores his cooking skills.

Bhushan Akolkar on X

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