Coinbase accounts hacked

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The company is also imploring customers to forego SMS authentication view some critical personal information, one-time password TOTP like Google.

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A Coinbase user is suing the exchange to recover 90% of his life savings that he says was stolen from him, lawsuit claims. I was recently hacked a few weeks back and they managed to sell off all my crypto and withdraw to 2 newly added bank accounts. If you've noticed any suspicious activity on your account, or you have been locked out by what you believe to be a scammer/hacker, lock down your account as follows.

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First, through some means a hacker gets into your Coinbase account. The fact that blockchain transactions are allegedly irreversible makes it all the more critical that Coinbase protect its customer accounts with common-sense safety measures, like delayed transfers to un-trusted or non-whitelisted wallets. Stoltmann Law Offices, P. Hoffman Estates Office. The way Coinbase customer account hacks work typically follows this playbook.