Coinbase Identity Theft Scam: A $4 Million Warning 🚨
Crypto detective ZachXBT recently revealed a shocking case where Christian "Daytwo" Nieves scammed approximately $4 million from about thirty Coinbase users using simple identity theft tactics. Despite his amateur approach—leaving behind mountains of evidence, including recorded discussions on money laundering—Nieves managed to deceive many victims before losing most of the stolen funds to gambling.
This case highlights the alarming rise of Coinbase identity theft scams, with about $150 million stolen through similar schemes. What is particularly concerning is that these scams rely more on social engineering than on technical sophistication.
📱 Security tips to protect yourself:
- Always verify support contacts through official channels
- Never share sensitive information with anyone claiming to be exchange support
- Enable all available security features on your crypto accounts
- Remember that legitimate exchange support will never ask you to transfer funds
This can happen to anyone on different exchanges. Security and vigilance are key to avoiding any potential risk.