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$45 million stolen from Coinbase users in the last week — ZackXBT

Coin Telegraph LogoCoin Telegraph2d ago

$45 million stolen from Coinbase users in the last week — ZackXBT - Coin Telegraph

Quick Summary:

According to the onchain detective, the $45 million figure represents the latest financial losses in a string of social engineering scams targeting Coinbase users, which ZackXBT said is a problem unique among crypto exchanges:"Over the past few months, I have reported on nine figures stolen from Coinbase users via similar social engineering scams.

Related: $330M Bitcoin social engineering theft victim is elderly US citizenFBI issues warnings on social engineering scams targeting crypto usersIn July 2024, reports emerged that several Coinbase users were targeted by scammers posing as the exchange's support staff.

Source: ZachXBTThe claims made by ZackXBT place the total amount lost by Coinbase users to social engineering scams at $330 million annually and reflect the growing number of sophisticated attack strategies employed by threat actors to defraud crypto holders.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 20:57:00 (2 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 343 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28478505

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "$45 million stolen from Coinbase users in the last week — ZackXBT" was covered 2 days ago by Coin Telegraph, a news publisher based in United States.

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