45 million dollars stolen from Coinbase users in the last week, according to ZackXBT

Coinbase users are falling victim to social engineering scams, resulting in losses of tens of millions of dollars, according to ZackXBT.

The on-chain researcher and security analyst ZackXBT claims to have identified an additional 45 million dollars stolen from Coinbase users through social engineering scams in the past seven days.

According to the on-chain detective, the figure of 45 million dollars represents the latest financial losses in a series of social engineering scams targeting Coinbase users, which ZackXBT said is a unique problem among cryptocurrency exchanges:

"In recent months, I have reported on nine-figure amounts stolen from Coinbase users through similar social engineering scams. Curiously, no other major exchange has the same issue."

Cointelegraph contacted Coinbase but did not receive a response at the time of publication.$FORM