{"id":148714,"date":"2025-02-05T18:00:19","date_gmt":"2025-02-05T16:00:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148714"},"modified":"2025-02-05T15:26:18","modified_gmt":"2025-02-05T13:26:18","slug":"coinbase-users-lose-millions-annually-here-is-how","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/","title":{"rendered":"Coinbase Users Lose Millions Annually &#8211; Here is How"},"content":{"rendered":"<p>According to <strong><a href=\"https:\/\/x.com\/zachxbt\/status\/1886411879939031530\">ZachXBT<\/a><\/strong>, who has a substantial following on social media, Coinbase customers lose over $300 million annually to these scams, with <strong><a href=\"https:\/\/x.com\/zachxbt\/status\/1886411891213230114\">around<\/a><\/strong> $65 million stolen just between December 2024 and January 2025.<\/p>\n<p>ZachXBT shared a particularly troubling case involving a victim who lost nearly $850,000 after being targeted by scammers using spoofed caller IDs and emails impersonating Coinbase support.<\/p>\n<p>The fraudsters gained the victim&#8217;s trust by referencing unauthorized login attempts and sent a fake email, appearing to come from Coinbase, which included a fake case ID. The victim was tricked into transferring funds to a fraudulent Coinbase Wallet and whitelisting an address for further transactions.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/cardano-and-ripple-partnership-in-the-works-hoskinson-teases-major-developments\/\" title=\"Cardano and Ripple Partnership in the Works? Hoskinson Teases Major Developments\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-14-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Cardano and Ripple Partnership in the Works? Hoskinson Teases Major Developments<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>ZachXBT also noted that the scammers use counterfeit versions of the Coinbase website, designed to look almost identical to the legitimate one, to deceive users into thinking they are on the official platform.<\/p>\n<p>To combat these scams, ZachXBT has urged Coinbase\u2019s leadership to take several steps. These suggestions include making phone numbers optional for advanced users with extra security measures, creating accounts for beginners or elderly users that restrict withdrawals, and improving community outreach to help users recover stolen funds. Additionally, he advocates for legal action against companies like TransUnion, whose TLOxp tool is often exploited by criminals for gathering personal information, and against the scammers themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An on-chain investigator, operating under the pseudonym ZachXBT, has revealed alarming details about the scale of social engineering scams affecting Coinbase users.<\/p>\n","protected":false},"author":3,"featured_media":32334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-148714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase Users Lose Millions Annually - Here is How - Cryptodnes EN<\/title>\n<meta name=\"description\" content=\"An on-chain investigator, operating under the pseudonym ZachXBT, has revealed alarming details about the scale of social ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase Users Lose Millions Annually - Here is How - Cryptodnes EN\" \/>\n<meta property=\"og:description\" content=\"An on-chain investigator, operating under the pseudonym ZachXBT, has revealed alarming details about the scale of social ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-05T16:00:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"799\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/\",\"name\":\"Coinbase Users Lose Millions Annually - Here is How - Cryptodnes EN\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg\",\"datePublished\":\"2025-02-05T16:00:19+00:00\",\"author\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"description\":\"An on-chain investigator, operating under the pseudonym ZachXBT, has revealed alarming details about the scale of social ...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg\",\"width\":1200,\"height\":799},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\",\"name\":\"Alexander Stefanov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"caption\":\"Alexander Stefanov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Coinbase Users Lose Millions Annually - Here is How - Cryptodnes EN","description":"An on-chain investigator, operating under the pseudonym ZachXBT, has revealed alarming details about the scale of social ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/","og_locale":"en_US","og_type":"article","og_title":"Coinbase Users Lose Millions Annually - Here is How - Cryptodnes EN","og_description":"An on-chain investigator, operating under the pseudonym ZachXBT, has revealed alarming details about the scale of social ...","og_url":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/","og_site_name":"Cryptodnes EN","article_published_time":"2025-02-05T16:00:19+00:00","og_image":[{"width":1200,"height":799,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg","type":"image\/jpeg"}],"author":"Alexander Stefanov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Stefanov","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/","url":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/","name":"Coinbase Users Lose Millions Annually - Here is How - Cryptodnes EN","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg","datePublished":"2025-02-05T16:00:19+00:00","author":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5"},"description":"An on-chain investigator, operating under the pseudonym ZachXBT, has revealed alarming details about the scale of social ...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/coinbase-users-lose-millions-annually-here-is-how\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Coinbase-e1690325714312.jpeg","width":1200,"height":799},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes EN","description":"Crypto News, Bitcoin Analysis and More","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5","name":"Alexander Stefanov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","caption":"Alexander Stefanov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/"}]}},"modified_by":"C0323492922","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/148714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=148714"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/148714\/revisions"}],"predecessor-version":[{"id":148715,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/148714\/revisions\/148715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/32334"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=148714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=148714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=148714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}