Over $45 Million Stolen From Coinbase Users in Social Engineering Attacks

Independent investigator ZachXBT has uncovered a wave of significant financial losses from social engineering scams targeting Coinbase users. In the past week alone, over $45 million has been drained from unsuspecting customers through impersonation and deceptive tactics. 10 BTC and ETH addresses linked to the scam artists were identified as receiving large sums of money from these victims. This occurred on both Ethereum and other chains like THORChain where funds are being transferred into anonymous mixers.