$20M Crypto Scam Targeting Coinbase Users 

A sophisticated scam targeting Coinbase users stole over $20 million by mimicking the platform and capturing login details. 

Fake Coinbase Sites Lead to $20 Million Scam 

Led by Chirag Tomar, this operation affected hundreds worldwide, with U.S. victims hit hardest, highlighting crypto security risks. 

Global Impact and High Losses in the U.S. 

Scammers used fake URLs, phishing emails, remote access software, and impersonated support agents to gain account access. 

Techniques Used to Deceive Users 

Victims were tricked into installing remote access software, allowing scammers direct control over Coinbase accounts. 

Deceptive Phishing and Remote Access Tactics 

A North Carolina victim lost over $240,000 after mistakenly trusting a fake Coinbase support agent—a cautionary tale for crypto users. 

Key Case of Major Losses  

Arrested in December 2023, Tomar has been sentenced to five years. The DOJ warns users to stay vigilant about phishing and scam tactics. 

DOJ’s Investigation and Tomar’s Arrest 

DOJ advises crypto users to double-check websites, avoid sharing account details, and be cautious with unsolicited support requests. 

Tips to Protect Yourself from Crypto Scams