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In April 2024, an elderly victim from the US was targeted by Indian call scammers posing as Coinbase support, resulting in the theft of a significant portion of their life savings. Blockchain investigator ZachXBT helped recover $275,000 of the stolen funds, which will be returned to the victim. This incident is part of a larger social engineering scam targeting Coinbase users, leading to over $5 million in stolen assets. The scam has highlighted the increasing sophistication of cybercriminals and the growing threat of social engineering schemes in the crypto sector.


