A sophisticated scam targeting Coinbase users stole over $20 million by mimicking the platform and capturing login details.
Led by Chirag Tomar, this operation affected hundreds worldwide, with U.S. victims hit hardest, highlighting crypto security risks.
Scammers used fake URLs, phishing emails, remote access software, and impersonated support agents to gain account access.
Victims were tricked into installing remote access software, allowing scammers direct control over Coinbase accounts.
A North Carolina victim lost over $240,000 after mistakenly trusting a fake Coinbase support agent—a cautionary tale for crypto users.
Arrested in December 2023, Tomar has been sentenced to five years. The DOJ warns users to stay vigilant about phishing and scam tactics.
DOJ advises crypto users to double-check websites, avoid sharing account details, and be cautious with unsolicited support requests.