Each victim tells a nearly identical story of loss, heartbreak, and feeling ghosted by a company promising trust.

Verify your email by clicking the link sent from Coinbase to your email. Verify your phone number. Log in to Coinbase and add a phone number when prompted. Select your country.

Facebook Email X LinkedIn Copy link. An icon in ... Check again. Coinbase, one of the best crypto exchanges, was hacked on May 11, just days before its public debut on the S&P 500.

A large-scale Coinbase phishing attack poses as a mandatory wallet migration, tricking recipients into setting up a new wallet with a pre-generated recovery phrase controlled by attackers.

Coinbase says hackers are bribing its support agents for information on customers, which they use to steal funds. Coinbase has promised to reimburse those who fell for the scam.