A phishing site is attempting to scam Coinbase customers into parties way with their crypto
Blockchain security company PeckShield has detected a phishing site that aims to scam Coinbase users.
Fraudsters pretend to be customer support staff of the largest U.S. exchange in order to lure victims into giving approval to a fake address on their Coinbase Wallet application.
At press time, users who have fallen victim to the scam have lost more than $86,700.
Phishing scams typically involve tricking users into revealing sensitive details (passwords, private keys, etc.)
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As cryptocurrencies are becoming increasingly popular, scammers are taking advantage of new opportunities. In 2021, scammers managed to steal more than $14 billion worth of crypto, double the record that was set in 2020, according to Chainalysis data.
Source: https://u.today/scam-alert-fraudsters-pretend-to-be-coinbase-customer-support-to-steal-funds