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CRYPTO · STORYCoinbase Scammer Gets 12Years

Brooklyn Man Sentenced to Up to 12 Years for $16 Million Coinbase Phishing Scheme

story · 3 sources
3 independentfirst seen published latency 3 min

A court sentenced 23-year-old Ronald Spektor of Brooklyn to four to 12 years in prison over a phishing scheme that drained roughly Brooklyn man gets up to 12 years over $16 million Coinbase social engineering scheme.The Block · · read it at the source from Coinbase users, according to The Block and CoinDesk. The Block put the stolen amount at A court sentenced 23-year-old Ronald Spektor to four to 12 years in prison for a $15.9 million Coinbase phishing scheme.The Block · · read it at the source.

Spektor posed as Coinbase support staff to trick victims into handing over access to their accounts, emptying about 100 accounts in the process, according to Decrypt. His own messages showed he later lost He posed as support staff, emptied about 100 accounts, then lost $6 million of the proceeds gambling, according to his own messages.Decrypt · · read it at the source of the proceeds gambling, Decrypt reported.

Decrypt noted Spektor had bragged about the scam before his arrest. CoinDesk confirmed the sentence of up to 12 years, matching the term reported by The Block.

Sources: The Block, Decrypt, CoinDesk

This article is for information only and is not financial advice.

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Tags: Coinbase, phishing, crypto crime, sentencing

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