Phishing scammers exploit data leaks to deceive crypto executives, making up to $35k weekly through fake Coinbase support.
Revealing the Phishing Scheme
This information came to light after an attempted phishing on Nick Neuman, CEO of Casa, a Bitcoin custody provider. He shared a video detailing how scammers tried to impersonate Coinbase support.
Targets and Methods of Scammers
Scammers revealed to Nick that they make at least a five-figure sum weekly, targeting executives and technical specialists using data from Unchain Capital.
Threats and Money Laundering Tactics
Phishing scams involve sending links disguised as security alerts. The rise of crypto mixers like Toronado Cash allows anonymizing tokens, reducing the traceability of illicit transactions.
Phishing attacks continue to cause financial harm. Enhanced protective measures and increased user awareness are vital against such threats.
