Foresight News reports that 'On-chain Batman' ZachXBT has revealed how a social engineering scammer based in New York, Daytwo (also known as PawsOnHips, real name Christian Nieves), stole over $4 million from Coinbase users by impersonating customer service representatives and used the stolen funds to purchase luxury goods, losing most of the money gambling at casinos.
Daytwo operates a small call center team while also serving as a call operator himself. His team primarily coerces targets to use insecure mnemonic phrases on phishing websites to set up Coinbase wallets.