A retired artist recently became a victim of a sophisticated cryptocurrency scam involving fake Coinbase calls and social engineering tactics. Ed Suman lost over $2 million in crypto after encountering scammers posing as Coinbase support staff, who convinced him to reveal his hardware wallet seed phrase via a spoofed website. This incident highlights the growing vulnerability of cryptocurrency users, especially those with less tech-savvy backgrounds. Meanwhile, investigations into a major data breach at Coinbase are underway, revealing potential security vulnerabilities and raising concerns about the financial privacy of high-net-worth individuals involved in venture capital and crypto investment.