Cybercriminals are targeting Coinbase platform users with phishing campaings in an attempt to steal their account credentials and drain their cryptocurrency wallets. Sixty-nine percent of the fraudulent correspondence originated from India, 13.73 percent from Brazil, 10 percent from the US and 2.33 percent from Japan. In both versions of the scam, the threat actors send out fake notifications that warn recipients of unusual activity in their account, requiring immediate verification from users. The trend toward impersonating cryptocurrency trading platforms to steal user information is likely to continue throughout the year.”]

