Coinbase Users $300M+ Stolen Funds Move Again

 The Coinbase users previous theft story once again came to limelight today. As the scam actor linked to more than $300 million in stolen funds is moving money again, with onchain investigator VAL reporting that around some quantity was converted to ETH and sent to Tornado cash yesterday. This transaction comes after another big stash reportedly took the same route three weeks ago.

Coinbase Users Theft Came Through Social ENgineering

This wasn’t a smart-contract exploit. In fact the stolen funds came from an extensive social engineering campaign targeting individual Coinbase users, with scammers allegedly impersonating as customer support to trick victims into revealing credentials, transferring assets or approving malicious transactions.

https://coinpedia.org/news/coinbase-users-300m-stolen-funds-move-again/

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