# Coinbase Scam Epidemic Leads to Massive User Losses

According to a recent investigation by blockchain investigator ZachXBT and Tanuki42 from Web3 security platform zeroShadow, Coinbase users have suffered substantial financial losses due to social engineering scams. The analysis revealed that victims were deceived between December 2024 and January 20

| Fact | Value |
| --- | --- |
| Published | 5 February 2025 |

Source: https://egamers.io/coinbase-scam-epidemic-leads-to-massive-user-losses/