An alleged scammer pretending to be a Coinbase help desk worker stole $2 million in crypto using social engineering tactics, per blockchain expert ZachXBT. The scammer splurged on luxury items, including rare social media usernames, bottle service, and gambling. The scammer’s identity was uncovered through leaked videos and social media posts.

The scammer tried to cover their tracks by buying expensive Telegram usernames and deleting old accounts. ZachXBT tracked the scammer’s movements through social media boasting and claimed to have identified their home address. To protect against such scams, users should safeguard private data, use unique passwords, and store significant holdings in a hardware wallet.

To avoid falling victim to social engineering, users should never click on suspicious links, respond to cold calls, or share sensitive information with unauthorized individuals. Legitimate help desk workers will not request seed phrases, login credentials, or redirect conversations to social media platforms. Stay vigilant and contact customer support through verified channels.

Read more at Cointelegraph: Alleged Crypto Scammer Posed As Coinbase Support To Steal $2M