Cryptocurrency Q&A What is Coinbase wallet 'You've received funds' scam?

What is Coinbase wallet 'You've received funds' scam?

Chloe_thompson_artist Chloe_thompson_artist Mon Jun 24 2024 | 7 answers 1629
Could you elaborate on the "Coinbase wallet 'You've received funds' scam" and provide a concise description of its nature? I've heard rumors about this scam but am not entirely sure how it operates. Is it a phishing attempt where fraudsters send fake notifications claiming users have received funds, and then trick them into revealing personal details or wallet information? Or does it involve more sophisticated tactics? Could you give a quick summary in layman's terms, so I can be better informed? What is Coinbase wallet 'You've received funds' scam?

7 answers

SolitudeNebula SolitudeNebula Tue Jun 25 2024
The Coinbase Wallet "You've Received Funds" scam is a sophisticated phishing attack aimed at Coinbase users and cryptocurrency enthusiasts.

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LightWaveMystic LightWaveMystic Tue Jun 25 2024
Once clicked, these links or attachments can infect devices with malware or lead users to fake websites.

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Sara Sara Tue Jun 25 2024
On these fake sites, users are prompted to enter sensitive information such as login credentials or private keys.

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DigitalEagle DigitalEagle Tue Jun 25 2024
This scam operates by impersonating Coinbase, a popular cryptocurrency exchange, through fraudulent emails.

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KatanaBladed KatanaBladed Tue Jun 25 2024
The emails falsely inform recipients that they have received funds in their Coinbase Wallet.

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