Millions Stolen as Scammers Pose as Coinbase Support, ZachXBT Calls for Urgent Action
A wave of social engineering scams has led to Coinbase users losing at least $65 million between December 2024 and January 2025, according to on-chain investigator ZachXBT. He warns that the actual losses could be much higher, potentially exceeding $300 million annually if left unaddressed. In a viral X thread, ZachXBT and Web3 security investigator …
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