Heres How Coinbase Impersonators Scammed 38 Individuals

Last updated: June 11, 2025, 23:21

Heres How Coinbase Impersonators Scammed 38 Individuals

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Coinbase CEO Brian Armstrong Xeeted

Coinbase CEO Brian Armstrong Xeeted a response, echoing many of the points made in the filing and blog post. In a near three-minute video, citing the $20 million

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???? A veteran's nightmare: scammers impersonated Coinbase security, leading to heavy losses. Read how this could happen to anyone! ????????

Fraudsters impersonated Coinbase support

Fraudsters impersonated Coinbase support, sending fake emails with fabricated case IDs and instructing victims to transfer funds to a Coinbase Wallet while whitelisting a specific address.

This makes Coinbase a potential single point of failure, and that’s scary,” Eleanor Terret said recently. Coinbase did not immediately respond to BeInCrypto’s request