Post
Topic
Board Bitcoin Discussion
Merits 4 from 2 users
Topic OP
Allegedly Coinbase prevented 1,000 customers From Sending Funds to the Hackers
by
bitcoinst
on 20/07/2020, 21:47:51 UTC
⭐ Merited by philipma1957 (3) ,alani123 (1)
Crypto exchange Coinbase has said that it prevented little over 1,100 customers from sending bitcoin to Twitter hackers who hijacked high-profile accounts to advertise a bitcoin scam last week.

If Coinbase didn't take the step, these customers would have collectively sent 30.4 bitcoin (currently worth about $278,000) to hackers, the exchange's chief information security officer, Philip Martin, told Forbes. Notably, this amount is more than twice the actual amount ($121,000) that hackers collected via victims.

https://www.theblockcrypto.com/post/72200/coinbase-says-it-prevented-over-1000-customers-from-sending-280000-worth-of-bitcoin-to-twitter-hackers

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Excellent operational work. If all exchanges had taken such measures in time, the hackers would probably have received significantly less.
What do you think?