In the attack on the account of a cryptotrader on Coinbase, scammers used his personal data. And which they could only get through leaked information

Famous cryptotrader Jacob Canfield became a victim of a complex scam scheme. And with the help of which fraudsters tried to gain access to his account on Coinbase. Suspecting a data breach, he warned other exchange users to change their passwords.

Canfield wrote on Twitter that he first received a text message. And which said that his Coinbase two-factor authentication (2FA) had been changed. Shortly thereafter, he received three phone calls purportedly from Coinbase's customer support line.

The scammers asked Canfield if he had traveled outside the U.S. and if he had requested a 2FA and email change. He replied that he hadn't. And then he received a text message canceling the change request.

Canfield's call was then transferred to "Coinbase security" to verify his account. In order to avoid a 48-hour suspension of transactions. The scammers asked him for a verification code. But Canfield refused to provide it. The cryptotrader's interlocutor warned that the account would then be blocked for seven days. But he ended up getting angry and hanging up.

"They had my name, my email address and my location, and they sent an email with a confirmation code from help@coinbase.com to my personal email," Canfield wrote.

He also added that the code the hackers sent was real. And they sent it from their email and logged into Canfield's account while the conversation was taking place over the phone.

Our experts note that Coinbase responded to the situation and stated that there was no data leak from the exchange. At the same time, crypto detective ZachXBT wrote that other customers of the exchange have been victims of a similar scam before.

"It's better to reassure yourself and change passwords if you're a Coinbase customer than regret it later," Canfield warned users. #scamalert

The Story of a Close Friend's Binance Nightmare:

My close friend loved investing in crypto's on Binance. He had carefully chosen some coins to keep for the long term, hoping they would grow in value. But one day, when he logged into his Binance account, he was shocked. All his chosen coins were sold, and the money was converted to BNB. He was really scared and wondered if he had made a mistake in his sleep.

He checked his account history, but there were no signs of someone stealing his money. It was really confusing because no one else had access to his account. He then looked at his NFTs (unique digital items), only to find out that his money was used to buy some NFTs from a new collection. This was not something he had done or authorized.

In a panic, he contacted Binance support right away to report the problem. He also went to the police and got a report about the cybercrime. He hoped they could help catch the thief and get his money back.

Thankfully, after two days of stress, he received good news from Binance. They returned all his money and froze the account of the person who stole his money through the NFTs.

This experience taught him a valuable lesson. He realized that his account was not secure enough. He had only used his email and phone number for protection, but that was not strong enough. He learned that he needed to use something called two-factor authentication (2FA) to add an extra layer of security to his account.

He quickly set up 2FA on his Binance account to make sure this wouldn't happen again. He also shared his story with others, warning them about the importance of keeping their accounts safe.

In the world of cryptocurrencies, where things can change in a moment, my friend's story serves as a reminder to stay vigilant and take steps to protect our hard-earned money. Security matters, and it's something we should all take seriously in the crypto world.

#scam #scamalert