Gemini and Coinbase face wave of crypto scams

Users are receiving mass phishing emails falsely claiming that Gemini has filed for bankruptcy, urging them to withdraw assets to a “safe” wallet.

Scammers requested users to provide their seed phrase, allowing them full access to victims’ funds.

✍️ At the same time, Coinbase confirmed that one of its employees accessed customer account data without authorization. The exchange stated that user funds remain secure.

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