Crypto scam reporting needs to move ‘under one umbrella’ — Coinbase CSO

Scam reporting in the US is fragmented and needs to come under one system to give better insights into attacks, Coinbase security chief Philip Martin tells Cointelegraph.

The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be streamlined to better protect consumers, says Coinbase chief security officer Philip Martin.

“It’s a very fragmented ecosystem. Where do you report these things? Well, you go here, you go there, you go somewhere else,” Martin told Cointelegraph at the SXSW conference in Austin, Texas.

“That then helps drive resources from the whole federal government to do more to address some of the underlying causes, he added.

Read more