- California resident loses $11 million after sharing Coinbase (NASDAQ:COIN) account to a scammer
- US officials file a complaint in the United States District Court (California)
- They identified four wallets holding more than 9.8 million USDT to be involved in fraud
Someone impersonating a Coinbase employee scammed more than 200 BTC from a California resident. In response, a group of officials filed a civil complaint in the US District Court for the Central District of California. The complaint claims that they found four wallets holding almost $10 million USDT that was involved in fraud and money laundering.
According to court documents, the victim was approached by a fraudster who claimed to be a Coinbase customer support agent after purchasing 200 BTC on the Coinbase Pro account. The scammer told the victim that the account was frozen and that a transaction limit increase was necessary to complete the process.
In the end, the victim granted the scammer access to the funds. Within the next few hours,...