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Bitcoin.com 2025-12-20 08:30:30

Coinbase Security Impersonation Scheme Exposed as Authorities Claim Nearly $16M Was Siphoned

Coinbase Security Impersonation Scheme Exposed as Authorities Claim Nearly $16M Was Siphoned

Authorities allege a sweeping crypto phishing operation that drained nearly $16 million from Coinbase users nationwide, underscoring how social engineering scams exploit trust, move funds across blockchains, and trigger aggressive enforcement by New York prosecutors. Brooklyn Prosecutors Move Against Alleged Coinbase Phishing Scheme A major law enforcement action has highlighted growing risks tied to cryptocurrency

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