đ¨ Crypto Crime Alert! đ¨
Elliot Gunton, a UK resident, has been sentenced to 43 months in prison for draining over $900,000 from Coinbase users through sophisticated phishing schemes. Gunton and his accomplices created fake websites mimicking Coinbase, tricking users into entering their log-in details, which were then stolen.
đ Key Points:
- Scheme active between 2018-2019
- Over 500 accounts compromised
- $4.3 billion lost to crypto crimes in 2019
Coinbase remains the most impersonated crypto platform. Stay vigilant and share your thoughts below! đŹ
Read more: Report: Hackers stole $176.2m in crypto in June
