The fallout from Coinbase’s recent data breach has reached a troubling new phase as victims report receiving fraudulent physical letters in the mail, exploiting their exposed personal information to advance a credit protection scam.
The Block founder Mike Dudas sounded the alarm in a social media post on June 5, warning that he received a fake letter at his home address.
The letter included his personal details and claimed to offer identity protection services on behalf of Coinbase and IDX, suggesting the scammers are using data obtained during the breach.
Dudas warned:
“Your data is now everywhere, and you are a global target. Stay vigilant, stay safe.”
Phishing moves offline
The scam letters represent a rare form of phishing conducted via US postal mail rather than digital means, which is usually the case for crypto-linked scams.
The correspondence impersonated IDX, a legitimate identity protection service Coinbase has used in the past, and attempts to trick recipients into r
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