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Coinbase users lose $46 million to social engineering scams in March – TON BOT

Coinbase users lose $46 million to social engineering scams in March

Coinbase users lost over $46 million in social engineering scams this month, according to blockchain investigator ZachXBT. Multiple incidents targeted US-based exchange users, resulting in the theft of significant amounts of Bitcoin. Despite the scale of the losses, Coinbase has not flagged the associated wallet addresses, raising concerns about user protection measures.