Crypto Investors Beware! Coinbase Phishing Scam Swipes $1.7 Million

Summary

Phishing scam targeting crypto investors posing as Coinbase security members drained $1.7 million from a user's self-custody wallet. Scammer obtained victim's information, possibly linked to the CoinTracker security breach from 2022. Scammers used Coinbases’ API key and other information to verify their identity. Community members advised securing Coinbase accounts and cycling API keys if using CoinTracker.