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Warning: coinbase scam alert with fake verification code!

Is This a Scam? | Users Alerted to Phishing Attempt

By

Omar Farooq

Apr 29, 2025, 03:33 AM

Edited By

Laura Cheng

Just a minute read

A fake text message claiming to be from Coinbase asking for a verification code, with a suspicious contact number included.

A recent text message claiming to be from Coinbase has raised alarms among users, with one receiving a verification code and an unexpected warning. The message urges recipients not to share the code, indicating a potential phishing scheme in progress.

The Text That Stirred Concerns

The message, originating from +1 (620) 501-3928, reads:

"Your Coinbase verification code is: 112009. Please do not share this code with anyone. If you have not requested this, please call: (213) 408-7029. REF: CB97563."

This text has sparked outrage and caution among the Coinbase community, bringing attention to increasing scams targeting cryptocurrency users.

User Reactions on Social Boards

Many users quickly identified the red flags in the message. Reactions on community forums show a strong consensus against such communications:

  • "Very common scam."

  • "If you did not request a verification code, it’s best to secure your account immediately."

  • β€œScammers often send messages like this to trick users into providing sensitive information.”

A commenter even recounted falling for a similar phishing attempt: β€œI called and verified my current holdings, but no actual login credentials.” This serves as a warning to others about the risks involved.

Taking Precautionary Steps

Several users recommended securing accounts proactively:

  • Enable two-factor authentication (2FA).

  • Report phishing texts to mobile providers by forwarding them to 7726 (SPAM).

  • Regularly check notifications directly in the official app.

It's crucial for users to recognize the signs of phishing attempts. β€œAlways just go to the app and check notifications,” cautioned a community member.

Key Points to Remember

  • πŸ”’ Verifying Security: Change passwords and enable 2FA for better protection.

  • πŸ“… Prompt Reporting: Forward suspicious texts to your carrier to prevent future scams.

  • πŸ—£ User Experiences: "This appears to be a phishing attempt. Coinbase will never ask you to call a phone number."

Closure

As cryptocurrency scams grow in frequency and sophistication, vigilance is the best defense for users. The community is standing together, warning others and sharing experiences to combat these fraudulent tactics.