Coinspeaker
Ripple CTO Flags Subtle Coinbase-Linked Scam Move
David Schwartz spotted an elaborate phishing scam on the American cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) and immediately took to X to notify users. According to the Ripple Labs Chief Technical Officer, the bad actor is trying to infiltrate Coinbase users through SMS and email. He shared a screenshot of a mail he received from a supposed Coinbase Asset Shielding department.
Coinbase Scammers Attempt to Gain Trust from Users
The sender of this email posed as a representative of the San Francisco-based crypto exchange Coinbase, claiming to be investigating a case. Before sending this message, the scammer called its targets to inform them of an ongoing investigation. Afterward, he sent either an SMS or an email requesting confirmation of the call they received earlier and some other details.
Yet another elaborate scam attempt today using both SMS and email. This is a scam. Do not fall for it. pic
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