During the Coinbase Crypto Heist, a poor bastard loses $15 million in ten minutes

<p>So you believe your week has already begun poorly? One punter is struggling from Bitcoin and XLM losses of US$11.6 million / AU$15.4 million. Stolen from their Coinbase account in an alleged ten-minute theft, the "Aaand It's Gone" crypto punchlines virtually write themselves here.</p> <p>According to the US Attorney's Office, an unidentified Coinbase user received notification that their account had been restricted following their April acquisition of 200 Bitcoin. While the notice appeared to originate from Coinbase, it was actually a Trojan horse used to initiate the alleged fraud.</p> <p>It is unknown how the scammers acquired knowledge of the purchase nearly immediately after it was completed. Regardless, the user phoned the phone number indicated on the message, expecting they would be connected to a Coinbase customer care agent, and performed a series of account modifications, including permitting remote access to the eight-figure account. After that, about 206 Bitcoin were stolen out in a matter of minutes.</p> <p>"Once allowed access to the Victim Account, UI-1 (also known as GR in the US District Court complaint filing) upped the daily transaction limit and also attempted to deactivate various notifications and alert settings on the Victim Account," Assistant US Attorney Dan G. Boyle explains.</p> <p>"Around US$11,570,138 worth of virtual currency was transferred out of the Victim Account without GR's authorisation between 2:02:40 PST and 2:12:41 PST on or about April 20, 2021."</p> <p>Following that, the digital monies were transferred across multiple accounts via a series of transactions. As of now, detectives believe they have tracked down 10.2 Bitcoin of the total haul, which was deposited in an account with Huobi Global (one of the world's major exchanges). Federal Judge Dolly M Gee of the United States of America has now issued a warrant for the recovery of the $833,000 parcel, with investigators filing a forfeiture notification.</p> <p>"Huobi Global has agreed to keep the monies frozen awa