BlockBeats News, May 18th. According to Cointelegraph, 67-year-old retired artist Ed Suman fell victim to a fake Coinbase customer support scam earlier this year, losing over $2 million worth of cryptocurrency. Suman had worked in the art industry for nearly two decades, specializing in metalworking and contributing to the production of renowned artworks such as Jeff Koons' "Balloon Dog." After retiring, he invested most of his savings in cryptocurrency, holding a total of 17.5 Bitcoins and 225 Ethers, all stored in a Trezor Model One hardware wallet.
In March this year, Suman received a text message disguised as Coinbase warning him of unusual account activity. Subsequently, a scammer claiming to be "Coinbase security officer Brett Miller" called him, accurately knowing his hardware wallet information, and under the guise of a "security upgrade," persuaded him to enter his recovery seed phrase on a phishing website. Nine days later, another fraudster repeated the same scheme, ultimately draining all his cryptocurrency assets.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.