ZachXBT Reveals Coinbase Users Lost $150 million in Social Engineering Scams

A Coinbase user has reportedly lost 110 cbBTC, valued at $11.5 million. The loss occurred after the user fell victim to a social engineering scam on Base, the Ethereum layer-2 network backed by the exchange. On January 31, blockchain investigator ZachXBT uncovered the exploit, linking it to a broader pattern of fraud affecting Coinbase users. ZachXBT Exposes $150 Million Stolen in Growing... source: https://beincrypto.com/coinbase-users-loose-150-million-in-scams/