Scam Alert: Fraudsters Pretend to Be Coinbase Customer Support to Steal Funds

News

By Alex Dovbnya

Sun, 24/04/2022 - 16:28

A phishing site is attempting to scam Coinbase customers into parties way with their crypto

Scam Alert: Fraudsters Pretend to Be Coinbase Customer Support to Steal Funds

Blockchain security company PeckShield has detected a phishing site that aims to scam Coinbase users.

Fraudsters pretend to be customer support staff of the largest U.S. exchange in order to lure victims into giving approval to a fake address on their Coinbase Wallet application.

At press time, users who have fallen victim to the scam have lost more than $86,700.

Phishing scams typically involve tricking users into revealing sensitive details (passwords, private keys, etc.)

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