Back to all news
Security

Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam

Bitcoin Magazine·September 24, 2026·1 min read
Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam

Ronald Spektor, 23, was sentenced to 12 years in prison for a $16 million Coinbase phishing scam. Spektor used social engineering to steal funds from Coinbase customers, according to the sentencing. The case highlights the ongoing threat of phishing attacks in the crypto space.

Read at Bitcoin Magazine
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store