A scammer impersonating Coinbase support has allegedly stolen $2 million from users, according to an investigation by ZachXBT. The suspect was traced through social media posts and Telegram activity where they reportedly boasted about the scam. The investigation highlights the ongoing risks users face from fraudulent actors impersonating legitimate customer support channels in the cryptocurrency space. Such scams can have significant financial consequences for victims and damage the reputation of legitimate platforms.

A scammer impersonating Coinbase support has allegedly stolen $2 million from users, according to an investigation by ZachXBT. The suspect was traced through social media posts and Telegram activity where they reportedly boasted about the scam. The investigation highlights the ongoing risks users face from fraudulent actors impersonating legitimate customer support channels in the cryptocurrency space. Such scams can have significant financial consequences for victims and damage the reputation of legitimate platforms.