Coinbase SIM Swapping Scams: Victims of Crypto Theft Have Options
Coinbase customers may be at risk of SIM swapping scams, in which scammers maliciously obtain access to victims’ mobile accounts. If a fraudster stole cryptocurrency from your account through a SIM swap scam, Coinbase may be liable to you. Because customers sign a user agreement that requires them to resolve disputes through binding arbitration, you […]
Coinbase Customer Support Scams: Recovery Options for Victims
Coinbase users should be aware of scams designed to impersonate customer support lines as a means of hacking their accounts. If your cryptocurrency is stolen as the result of a hack, Coinbase may be liable for damages. Because Coinbase users sign an agreement to resolve disputes through arbitration, they cannot sue the company in court. […]
Coinbase Phishing Scams: Victims Have Recovery Options
According to news reports, malicious hackers have stolen millions in cryptocurrency from Coinbase users through phishing scams. Coinbase may be liable to the victims of phishing attacks, although users should be aware that their user agreement requires them to resolve disputes through arbitration. That means you can’t sue Coinbase, but you can pursue the recovery […]
Coinbase Phishing Scheme Highlights Risk to Crypto Investors
A new report by 404 Media sheds light on a Coinbase hacking scheme that allegedly targeted more than 500 victims in multiple states. Like many hacking schemes, this one employs phishing tactics to exploit a victim’s concern for the security of their financial accounts. According to an affidavit filed by the US Secret Service, the […]
Options for Hacked Coinbase Users
Coinbase may be liable to its users for crypto currency that was stolen as a result of a hack, including SIM swapping, phishing and other scams. All Coinbase users sign a user agreement, which establishes the rules and procedures for suing the company. The agreement mandates that all disputes be resolved through binding arbitration before […]