ZachXBT posted on X platform that Coinbase's reset scam caused a user to be stolen more than 1,400 ETH, worth about $4 million. It is reported that scammers collect users' personal information in such social engineering scams and deceive them into resetting their Coinbase login credentials. ZachXBT recommends that users add security keys as 2FA and not use the same email or password information.
ZachXBT: Coinbase reset scam resulted in approximately $4 million stolen from one user
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