Law Enforcement Is Reacting—but Prevention Is Key

[bonk]

One of the most notable cases in 2025 involved scammers impersonating Coinbase, stealing nearly $16 million from victims. A suspect was indicted by the Brooklyn District Attorney’s Office, though the accused has pleaded not guilty and the case is still pending.

Chainalysis warns that arrests alone won’t solve the problem. Heading into 2026, the firm urges a multi-pronged response: better real-time fraud detection, stronger cross-border coordination, and improved defenses that reduce reliance on human trust. For users, the advice remains simple but critical—never share passwords or recovery phrases, treat unsolicited messages as suspicious, and always verify identities through official channels.

[lingriiddd]

impersonating coinbase and pulling 16m is terrifying, ppl really dont stand a chance sometimes