Quote from: bitcoinst on July 20, 2020, 09:47:51 PM

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?

Very good move by the coinbase team, but i wonder how they managed to figure this out that the receiver's address is for hackers or they where just being suspicious?
If other exchange were more observant as coinbase was, they would have been able to prevent those who fall victim from send their funds across, am still finding it hard to believe people can just send over their money so easily to any information they come across online without any verification.