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---
Excellent operational work. If all exchanges had taken such measures in time, the hackers would probably have received significantly less.
What do you think?
I think that you found out a nice piece of info worth reading.
In this case Coinbase was able to help people not be scammed.
But the ability to freeze funds means Coinbase may freeze a transaction you need to go through with.
So Your info points out that a BTC holder needs multiple wallets and that while big companies can correctly hold their coins it means they can incorrectly hold the coins.
Thanks for the thread.