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SCAM ALERT: Beware of Fake Coinbase Texts Targeting Cryptocurrency Users

May 07, 2025 — by 775TimesTeam in 775Times, Articles

SCAM ALERT: Fake Coinbase Texts Targeting Crypto Users Per WCSO: “A new SMS scam is making the rounds, pretending to be from Coinbase. The message includes a fake OTP (one-time password) for a withdrawal you didn’t initiate and urges you to call a phone number to verify. This phishing attempt is designed to trick you into giving up sensitive information. Example scam text: “(COINBASE) The OTP code for your withdrawal is 736191. If this was not you please call us on +1 (877) 338-9228. Ref CB97405.” Red flags to look out for: -Messages from unknown or random numbers -Unsolicited OTP codes or withdrawal alerts -Requests to call a number to verify activity -Overly urgent or suspicious language Protect yourself: -Do not call or respond to the message -Never share your OTP with anyone -Always verify activity by visiting Coinbase’s official website or app -Use your phone’s “Report Junk” feature to flag scam texts -Enable app-based two-factor authentication (2FA) instead of SMS If you receive a message like this, report it to the Washoe County Sheriff’s Office using our Fraud Awareness Hub at: https://washoesheriff.com/fraud Always use official channels to check your account. Stay vigilant and help stop scams before they spread. Stay safe, Washoe.” #WCSO #cryptoscam #SCAMalert #Stayinformed #Stayvigilant #BeSafe #Community #reno #sparks #nevada

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