Crypto Talks logo Crypto Talks logo
CryptoGlobe 2019-05-21 15:40:00

BitGo Engineering Manager Has $100K Stolen From His Coinbase Account

On Monday (May 20), Sean Coonce, an engineering manager at crypto custodian BitGo, admitted that last week he had become the victim of a "SIM swap" attack, as the result of which his Coinbase account got "drained" and he lost "north of $100,000." More importantly, he decided to "increase awareness about these types of attacks" by providing a detailed account of what had happened, and what he had learned from this very unfortunate incident.

N/A
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer