Nick Neuman, the CEO of Bitcoin storage solutions provider Casa, recently shared an encounter with a phishing scammer impersonating Coinbase support to steal from high-value cryptocurrency holders.
In a November 20 post on X, Neuman described how he played along during a call to uncover the depth of the scheme.
Preying on Wealthy Crypto Holders
The recorded conversation started as a seemingly ordinary phone call with the con artist posing as a Coinbase support agent. He informed Neuman of a “canceled password change request” and directed him to click on a suspicious email link.
However, when the Casa co-founder revealed his identity and started questioning the scammer, he dropped the act. But instead of ending the call, the grifter openly shared the inner workings of their criminal operation.
“We hit like $35,000 two days ago,” the impersonator gloated, describing how their scheme exclusively targets individuals with crypto holdings worth at least $50,000. “We don’t call po
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