$2M Stolen in Coinbase Support Scam
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A crypto scammer posing as a Coinbase help desk worker allegedly stole over $2 million from users in the past year. Blockchain analyst ZachXBT tracked the Canadian threat actor through social media, Telegram chats, and wallet transactions. The scammer reportedly spent stolen funds on luxury items, rare usernames, and gambling.Social engineering, the tactic used here, involves pretending to be a trusted organization to trick victims into revealing private information. Coinbase users are urged to remain vigilant and report suspicious activity.