Is This a Scam? | Beware of Phishing Texts

A surge in reports about phishing scams, particularly targeting Coinbase users, is alarming many. Recently, individuals have received texts from suspicious numbers, presenting fake verification codes and prompting users to call an unknown support number.

Origins of the Scam

The alarming text message, which seems to be widespread, claims to provide a verification code for Coinbase accounts. Users were advised not to share the code and to call a number if they did not request it. This tactic has raised serious concerns regarding the safety of personal information.

Experts Weigh In

Comments from affected individuals highlight the urgency of addressing this issue:

• "This appears to be a phishing attempt," advised one commenter, educating others on recognizing such scams.

• Another exclaimed, "Always just go to the app and check notifications there."

This sentiment is echoed across the board, with many stressing the need for caution.

What to Do if You’re Targeted

A proactive approach is crucial. Response strategies shared by concerned users include:

• Do not call the number provided. This is a common tactic used by scammers.

• Change your password and enable two-factor authentication to secure your account further.

• Report suspicious texts to your mobile provider by using the number 7726 (SPAM).

"I called, thinking it was support, and gave them my current holdings," one user confessed, expressing their frustration after falling victim to the scam.

This serves as a warning to others to remain vigilant and informed.

Key Points to Remember

• ⚠️ Phishing attempts are becoming more sophisticated.

• 💡 Always verify via the official app or website.

• 📱 Report scam messages to your carrier to help block future attempts.

As these scams persist, it's vital to share experiences and strategies to combat them effectively. The best defense is a well-informed community.