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Home Blockchain

Coinbase Security Impersonation Scheme Exposed as Authorities Claim Nearly $16M Was Siphoned

by DigestWire member
December 20, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Coinbase Security Impersonation Scheme Exposed as Authorities Claim Nearly $16M Was Siphoned
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Coinbase Security Impersonation Scheme Exposed as Authorities Claim Nearly $16 Million Was SiphonedAuthorities allege a sweeping crypto phishing operation that drained nearly $16 million from Coinbase users nationwide, underscoring how social engineering scams exploit trust, move funds across blockchains, and trigger aggressive enforcement by New York prosecutors. Brooklyn Prosecutors Move Against Alleged Coinbase Phishing Scheme A major law enforcement action has highlighted growing risks tied to cryptocurrency […]

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