Brooklyn man charged in $16M crypto scam posing as Coinbase rep: Full press conference
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MSNFOX 5 New York
Brooklyn man charged in $16M crypto scam posing as Coinbase rep: Full press conference
Prosecutors say a 23-year-old Brooklyn man posed as a Coinbase representative and used phishing and social engineering tactics to steal nearly $16 million from about 100 victims nationwide, convincing users their accounts were hacked before draining their cryptocurrency. More than $500,000 in alleged stolen funds has been recovered so far.
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