Crypto Scammers Now Use Real Coinbase Emails And US Phone Numbers To Fool Victims
A new phishing tactic targeting Coinbase users is raising eyebrows across the crypto space, after a TikTok user narrowly avoided being duped by a sophisticated phone and email scam.
The incident has gone viral, not just for the complexity of the con, but for how real it appeared—complete with a US-based number, fluent American accent, and emails sent from what seemed to be an authentic Coinbase domain.
A Fake Warning That Felt Real Enough To Trust
The TikTok creator, known as Steve (@tripiville), described how the scam started with an automated voicemail claiming to be from Coinbase.
It warned him of suspicious activity on his account and advised him to “press 1” to confirm his identity.
Minutes later, a follow-up call came from California—this time, a human voice in an American accent claiming to be a Coinbase representative.
Steve recounted,
“He said, ‘This is Coinbase. There’s been an alert on your account—a request to change your email and phone number through the online chat.’ He told me I’d receive a link. I checked the sender, and it was from Coinbase.com.”
This level of apparent legitimacy gave the scam an edge.
Source: pexels
According to Steve, the caller was calm, fluent, and persuasive.
The scammer cited Steve’s full name, email address, and home address—personal data likely obtained from previous data leaks, including Coinbase’s own breach in May that exposed sensitive user information.
How The Phishing Link Tried To Gain Control
After receiving a convincing-looking email, Steve clicked on a link that led to a page appearing to be part of Coinbase.
It asked him to deny fake login attempts and select the estimated range of his crypto balance.
Though Steve remained skeptical, he still chose a range.
He asked the caller,
“Why do you need to know that?”
The response:
“That’s just to verify you are who you are.”
But the final red flag came when the site displayed a MetaMask logo and prompted Steve to input his 12-word seed phrase, supposedly to disconnect third-party wallets from his Coinbase account.
“I understood that I should not do that.”
When he told the caller he didn’t have the passkey available, the tone shifted.
The scammer insisted he do it immediately.
When Steve refused, the call abruptly ended.
Are New Coinbase Phishing Scams Becoming More Sophisticated?
Coinbase’s status as one of the largest cryptocurrency exchanges and its reputation for beginner-friendly services make it an attractive target for scammers.
The situation worsened after an insider data leak in May 2025 exposed sensitive user information, which appears to have been exploited in this phishing campaign.
This incident reflects a broader rise in crypto scams.
According to The Motley Fool, scammers collected $472 million from Americans in the first quarter of 2025 alone, a sharp increase from $336 million the previous year.
Source: The Motley Fool
These criminals are becoming more adept at using personal data and sophisticated tactics to deceive victims, often exploiting psychological triggers like fear and urgency.
Where Steve Went Wrong, and Why It Still Matters?
While Steve avoided the worst, cybersecurity experts warn that his actions—answering a flagged spam call, clicking unverified links, and interacting with unknown agents—still exposed him to unnecessary risks.
He even confirmed his crypto holdings during the call, which could make him a future target.
He never independently verified the caller by ending the call and contacting Coinbase directly.
And by engaging with the scammer for so long, he may have inadvertently confirmed that he’s an active and engaged crypto user—data that’s valuable to fraudsters.
Could This Happen To Anyone New To Crypto?
Steve’s case ended without financial loss because he was aware enough to recognise red flags.
However, those new to cryptocurrencies may not be so lucky.
The scammer’s tactic of impersonating customer support and presenting convincing emails could easily trap inexperienced users.
Source: Freepik
The fear of losing access to one’s account or funds makes people vulnerable to handing over sensitive information.
The scammer’s goal is quick gain rather than maintaining long-term contact.
If a target resists or verifies independently, scammers typically move on, deeming the person a poor investment of their time.
A Warning To Stay Vigilant In A Rising Sea Of Crypto Scams
While Steve managed to escape this particular attempt, his experience highlights the growing sophistication of crypto phishing scams and the dangers they pose even to cautious users.
Clicking links from unexpected emails and engaging with unsolicited calls can expose anyone to serious risk.
With millions being stolen every quarter, the crypto community must treat any unexpected communication with suspicion, verify through official channels, and never share seed phrases or private keys.
As crypto becomes more mainstream, the battle between user security and scammers’ evolving tactics will intensify.
Being sceptical, informed, and proactive may be the best defence in a world where even a call that sounds legitimate can turn out to be a trap.