Post
Topic
Board Bitcoin Discussion
Re: Allegedly Coinbase prevented 1,000 customers From Sending Funds to the Hackers
by
DatKing
on 16/09/2020, 21:18:35 UTC
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?

A really nice work from Coinbase. It is very important for exchanges to give the most importance to security of their customers. This can attract many people's attention to Coinbase for doing such a nice job.