Coinbase Hack
REPORTED LOSS
$100K
What happened
A Coinbase client lost all funds from their account through a SIM port hack.
The attacker ported the victim's SIM card to a phone that they control. The attacker then initiated the password reset flow on the victim's email account. A verification code was sent from the email provider to the victim's phone number — which was intercepted by the attacker. The attacker received all access and drained the Coinbase wallet.
Case & protocol details
Classification
CeFi
Protocol Type
Exploit/Access control
Official Website
www.coinbase.com/
Protocol Twitter/X
@coinbase
Evidence & learning
Attack pattern
Compare incidents →Sources and on-chain records
- report Post-mortem medium.com
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