Coinbase Users Lose $65M in 2 Months to Scams, ZachXBT Reveals

Feb 05 2025 bitcoin


Coinbase Account Safety Tips: How to Eliminate Phone Number Risks

The post Coinbase Users Lose $65M in 2 Months to Scams, ZachXBT Reveals appeared first on Coinpedia Fintech News

Crypto researcher ZachXBT reports that Coinbase users have lost over $65 million to social engineering attacks in the past two months, with an estimated $300 million lost annually due to such attacks. ZachXBT noted that the actual losses could be even higher, as the figure doesn’t account for unreported cases. ZachXBT explained that scammers use …