Odaily News In the past week, at least three Coinbase users and one cryptocurrency user disclosed that they were targeted by scammers impersonating Coinbase, with one victim being defrauded of $1.7 million. According to what Node co-founder Tegan Kline shared on X Platform on July 7, a "good friend's" self-hosted wallet was stolen for $1.7 million the day before because a scammer tricked them into sharing part of their mnemonic. The victim said that the scammer called and claimed to be Coinbase's security team and sent the victim an email that appeared to be from Coinbase, confirming that the victim was "talking to an official representative of Coinbase." The scammer claimed that the victim's wallet was "directly connected to the blockchain," causing transactions to be sent from the wallet. Then, the scammer sent another email that appeared to be from Coinbase, showing a transfer transaction. The scammer directed the victim to a website and asked them to enter the mnemonic to stop the transaction. The victim knew it was "unsafe," but still entered "partial" of the mnemonic but did not submit it. A few hours later, the victim's wallet was stolen from $1.7 million in crypto assets. (Cointelegraph)