Just another Coinbase phishing scam

Coinbase users are being targetted by a scam to steal login credentials and empty wallets.
  • Coinbase users are being targeted by a phishing email which fakes a device access login request.
  • Users of the popular exchange and digital wallet provider are getting alerts about a new device attempting to log into their account. It typically displays a Russian IP address. Users are asked to authorize the login or visit a different link to block the attempt. Both URLs redirect users to a fake Coinbase website to steal their login credentials.
  • It is quite convincing because the email address seems legitimate and some smaller exchanges do still ask users to visit URLs embedded in emails for withdrawals and other actions. Coinbase will never request this though.
  • It remains to be seen how many users will fall victim to this latest of many recent cryptocurrency scams.

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