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ZachXBT flags $46M in Coinbase user scams this month

March 28, 2025, 1:20 PM
Blockchain analyst ZachXBT reported on its Telegram channel that over $46 million in suspected thefts targeting Coinbase Exchange users in March, including a single $34.9 million BTC scam. The stolen funds were bridged to Ethereum and converted to DAI. He also criticized Coinbase for not flagging the theft addresses in its compliance tools.

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