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Fake Coinbase Texts Led to $900K Bitcoin Theft, US Seeks Seized Crypto

News.Bitcoin.com
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Fake Coinbase Texts Led to $900K Bitcoin Theft, US Seeks Seized Crypto

Fraudulent texts posing as Coinbase allegedly led to the theft of 33.7 bitcoin from two wallets held within one account. The bitcoin was worth approximately $900,000 at the time of the theft. Federal prosecutors now seek to forfeit cryptocurrency traced to part of it. Fake Coinbase Texts Exposed Two Wallets in One Account A beneficiary […]

Key Takeaways

  1. Fraudulent texts posing as Coinbase allegedly led to the theft of 33.7 bitcoin from two wallets held within one account.
  2. The bitcoin was worth approximately $900,000 at the time of the theft.
  3. Federal prosecutors now seek to forfeit cryptocurrency traced to part of it.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.