Security
Coinbase bitcoin scam cost a family $900,000 — only a fraction recovered
The Cryptonomist·September 30, 2026·1 min read
Federal prosecutors in Massachusetts filed a civil forfeiture case tied to a Coinbase bitcoin scam that stripped a family trust and its beneficiary of 33.7 BTC in 2023. The case traces how a pair of fake text messages led to one of the more revealing crypto theft investigations, with only a fraction of the $900,000 recovered.
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