Coinbase Accused of Failing to Tackle Social Engineering Scams
Reading Time: 2 minutesCryptocurrency investigator ZachXBT has reported that Coinbase users have lost over $300 million annually to social engineering scams Scammers employ spoofed communications to deceive users into transferring funds to fraudulent accounts Criticism has been directed at Coinbase for inadequate customer support and failure to promptly address these security issues Cryptocurrency investigator ZachXBT has revealed that Coinbase users have suffered losses exceeding $300 million annually due to sophisticated social engineering scams…
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