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Coinbase Users Are Losing $300M Annually to Scam Artists, Analyst Says

But perhaps his most serious allegation is that Coinbase appears to be doing little to curb the issue. America’s Largest Cryptocurrency Exchange Has Failed to Protect Its Users, According to an Onchain Analyst Pseudonymo...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Coinbase Users Are Losing $300M Annually to Scam Artists, Analyst Says
But perhaps his most serious allegation is that Coinbase appears to be doing little to curb the issue. America’s Largest Cryptocurrency Exchange Has Failed to Protect Its Users, According to an Onchain Analyst Pseudonymous onchain analyst Zachxbt claimed on Monday that Coinbase users, many of them elderly, have lost more than $300 million annually to […]

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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