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Coinbase Scammer Gets Jail Time After Stealing Nearly $16 Million From Users

U.Today·September 24, 2026·1 min read
Coinbase Scammer Gets Jail Time After Stealing Nearly $16 Million From Users

A 23-year-old Brooklyn man who stole nearly $16 million from roughly 100 Coinbase users in a social engineering scheme has been sentenced to four to 12 years in prison. The sentence underscores the severity of crypto-related fraud and its consequences.

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