CoinTelegraph 2025-03-17 01:54:27

Crypto users report new scam emails spoofing Coinbase, Gemini

Crypto users have reported a rise in scam emails made to look like they’re from crypto exchanges Coinbase and Gemini that attempt to get users to set up a new wallet with pre-generated recovery phrases controlled by scammers. In several examples posted to X, the email claims to be from Coinbase, asking users to transition to self-custodial wallets and providing instructions on downloading the legitimate Coinbase Wallet, giving a deadline of April 1 to make the switch. Source: Steve Kaczynski However, it also provides pre-generated recovery phrases . Once users open a new wallet with those phrases and transfer funds, all the assets will be available to the threat actor, who could drain the wallet. The email mentions a class-action lawsuit against Coinbase alleging it has sold unregistered securities, which has resulted in a court mandating users manage their own wallets. “Coinbase will operate as a registered broker, allowing purchases, but all assets must move to Coinbase Wallet,” the phony email says. The US Securities and Exchange Commission dismissed its lawsuit alleging Coinbase was an unregistered broker and selling unregistered securities on Feb. 27. Coinbase told Cointelegraph it is aware of the scam and pointed to its March 14 post to X, saying , “We will never send you a recovery phrase, and you should never enter a recovery phrase given to you by someone else.” Source: Coinbase Support Crypto exchange Gemini has also been spoofed with the same recovery phrase email scam, using the same tactics and claiming users need to set up a new wallet because of a recent court decision. Gemini was being sued by the SEC for allegedly offering unregistered securities through its earn program. The regulator opted to end the legal action on Feb. 26. Source: Sukesh Tedla Gemini didn’t immediately respond to Cointelegraph’s request for comment. Blockchain security firm CertiK’s annual Web3 security report flagged crypto phishing attacks , which cost users $1 billion across 296 incidents, as the most significant security threat for 2024. Related: California financial regulator warns of 7 new types of crypto, AI scams The email scams come as at least three crypto founders have reported foiling an attempt from alleged North Korean hackers to steal sensitive data through fake Zoom calls. Scammers have been targeting crypto founders by offering a meeting to discuss a partnership opportunity, but once the call starts, they send a message feigning audio issues and a link to a new call that installs malware. Magazine: Lazarus Group’s favorite exploit revealed — Crypto hacks analysis

Наиболее читаемые новости

Ethereum, Solana, and XRP: What’s Happening i...
2025-03-17
Breaking: Michael Saylor Announces New Strate...
2025-03-17
Bitcoin, XRP, SOL slump as market awaits Fed’...
2025-03-17
Michael Saylor’s Strategy buys 130 Bitcoins f...
2025-03-17
Strategy Announces Smallest Bitcoin Purchase...
2025-03-17
Bitcoin Surges 0.47% to $83,545 After US Reta...
2025-03-17
Malaysian authorities warn of an uptick in cr...
2025-03-17
Bitcoin Price Analysis: Will BTC Breakout Abo...
2025-03-17

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения