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MFA Glitch Leads to 6K+ Coinbase Customers Getting Robbed

The accounts of at least 6,000 Coinbase customers were robbed of funds after attackers bypassed the cryptocurrency exchanges multi-factor authentication (MFA) The theft happened between March and May 20, 2021. The exchange suspects phishing led to attackers getting personal details needed to access wallets but also blamed a flaw in its SMS-based 2FA. The average price for a hacked Coinbase-verified account to be $610 is $610, according to the 2021 Dark Web price index from Privacy Affairs.”]

Source: https://threatpost.com/mfa-glitch-coinbase-customers-robbery/175290/

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