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Crypto Scammer Allegedly Bilks Coinbase Users Out of $4M, Flaunts Riches & Gambles Away Fortune
- A crypto scammer, known as "PawsOnHips," is accused of defrauding Coinbase users of $4 million and flaunting his wealth on social media.
- The scammer allegedly led a call center crew that conducted social engineering attacks targeting crypto investors by impersonating Coinbase support staff.
- One attack in November 2024 resulted in the theft of $240,000 from an elderly victim, with the stolen funds traced to Roobet crypto casino and Monero addresses.
- Blockchain analysis linked the scammer's Roobet address to over 30 suspected thefts, indicating a broader criminal network.
- The scammer reportedly boasted about his money laundering activities on Discord and flaunted a lavish lifestyle with luxury purchases.
- ZachXBT's investigation sheds light on the dangers in the crypto space and emphasizes the role of sleuths in uncovering fraudulent activities.
- Vigilance against social engineering and robust security measures are crucial when dealing with cryptocurrency platforms.
- The alleged scam highlights ongoing security risks in the crypto industry and the need for user awareness and protection measures.
- The article was originally published on Coindoo.
- The investigation by ZachXBT reveals the scammer's elaborate tactics and extravagant lifestyle funded by fraudulent activities.
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