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Worried about a scam? latest coinbase text alert raises questions

Users Alarmed | Recent Coinbase Texts Raise New Scam Fears

By

Ethan Zhang

Apr 26, 2025, 04:49 AM

Edited By

David Liu

Updated

Apr 26, 2025, 02:41 PM

Snappy read

A phone displaying a suspicious Coinbase password reset message, raising concerns about potential scams.

A wave of anxiety sweeps through online forums as people report receiving suspicious password reset texts purportedly from Coinbase. The messages have sparked widespread concerns about scams aimed at compromising account security, prompting many to urge caution when handling crypto transactions.

The Suspicious Messages

Recent texts state:

"Alert: A password reset was initiated. If you didn’t request this on Coinbase, please call (877) 544-5617."

This alert has raised alarms, particularly as it resembles similar messages reported by users over the past week. Many are questioning if this could be a phishing attempt, especially given the lack of verifiable information about the phone number provided in the message.

Community Voices

Responses poured in across forums:

  1. General Skepticism About the Messages:

    • "100% scamβ€”nothing new here," noted one contributor, echoing the frustration felt by others.

  2. Criticism of the Phone Number:

    • Another user advised, "Google the concept, not the number. This is a very well-documented text scam."

    • Many agree that similar scams have emerged repeatedly, with one comment stating, "Seems to me that it’s the same thing as a million and three hundred thousand cases before, just in the last week or so."

  3. Advice to Verify Directly:

    • "Log into your account directly to check for issues," is again emphasized by users, reiterating advice to avoid trusting unsolicited messages.

As users report receiving an increasing number of such alerts, it indicates a disturbing trend in scam tactics within the crypto space.

Key Insights

  • πŸ”’ Users strongly advise against trusting unsolicited password reset alerts.

  • πŸ“ž The unverified phone number linked to these alerts raises red flags.

  • πŸ“œ "Log directly into your account to see if there's a warning," remains a key piece of advice shared.

Finale: Stay Vigilant

As developments unfold, people are reminded to remain vigilant. The recent spike in suspicious communications reinforces the importance of continuous account monitoring in the crypto world. For security tips and updates, follow reliable crypto news outlets and active forums.