ZachXBT links fake Coinbase support scam to $2M in losses

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An Investigation from ZachXBT traced the suspect through posts gloating on social media and Telegram activity.

An alleged scammer posing as a Coinbase help desk worker has reportedly stolen around $2 million in crypto from users of the exchange, according to blockchain sleuth ZachXBT. 

In an X post on Monday, ZachXBT claimed that he had managed to pinpoint the identity of the alleged scammer after cross-referencing Telegram group chat screenshots, social media posts and wallet transactions.  

ZachXBT alleged that the “Canadian threat actor” had “stolen $2M+ via Coinbase support impersonation social engineering scams in the past year blowing the funds on rare social media usernames, bottle service, & gambling,”

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