In recent years, Coinbase users have repeatedly become targets of social engineering attacks โ€” and on May 15, Coinbase confirmed insider involvement.

How it works:

๐Ÿ“ž Fake support call
๐Ÿ“ฒ Walk user through Coinbase Wallet
โš ๏ธ Provide scam mnemonic phrase
๐Ÿ’ธ Drain assets under stress & urgency

With @MistTrack_io, we traced the flows:

โ–ช๏ธ BTC bridged via THORChain / Chainflip / Defiway Bridge โ†’ DAI/USDT
โ–ช๏ธ ETH swapped on Uniswap โ†’ DAI/USDT
โ–ช๏ธ Funds laundered or still dormant

Full breakdown๐Ÿ‘‡
https://t.co/OLGtlY2frt

#CryptoSecurity #SocialEngineering #Web3Security #Coinbase #Phishing