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Alert: is that text a scam? here's what to do next

Text Message Alert Sparks Fear | Possible Scam Reported in Coinbase Users

By

Alex Thompson

Apr 14, 2025, 09:15 AM

2 minutes of reading

A concerned individual analyzing a text message warning about scams
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In a troubling turn of events, one user reports receiving a concerning verification text from a number purportedly linked to Coinbase. The message, allegedly from +1 447 209 0540, claimed a verification code was requested. This has set off alarms about potential phishing attempts targeting unsuspecting victims in the crypto community.

The user, unnamed for security reasons, stated, "I don’t have a Coinbase account, but I received this verification code message. When I called the number, they asked for my name and just hung up!" Such incidents raise the question: how prevalent are these scams, and what should the community do to protect themselves?

Unpacking the Fear

Phishing scams aren't new but have taken a sharp turn towards sophistication, luring users with personalized texts. Many users have expressed skepticism about unsolicited messages, especially from "+1" numbers. Experts warn that scammers are cleverly leveraging the digital age, preying on individuals' trust and ignorance, especially among new cryptocurrency holders.

Several comments from affected individuals reflect a widespread concern that these texts are just fishing for personal information. One user remarked, "Coinbase will never call you. It’s a scam." The sentiment is heavily negative as people are increasingly frustrated with these deceptive practices.

Interestingly, another user noted, "This appears to be a phishing attempt. We need to stay vigilant!" It's evident that among the community, a proactive stance is gaining momentum, with more users advocating for caution regarding unsolicited communications.

Key Themes from the Community

  • Heightened Awareness: Users are becoming more informed about the signs of scams, pushing back against deceptive tactics.

  • Official Communication Channels: A strong call for users to rely solely on verified channels for company communications.

  • Empowerment and Support: Community members are offering each other advice, helping those who may fall victim to future scams.

"We need to be alert and not engage with these scammers," said one concerned community member.

Current Impact on the Community

The alert signals a surge in caution among crypto enthusiasts. Sharing experiences on social platforms is not just a way to warn others but has become a lifeline for many seeking clarification. As vigilance grows, the rarity of falling victim to such scams increases. Communication from cryptocurrency platforms is critical to educate users on what potential scams might look like. For many, the learning curve has suddenly become steeper and more dangerous.

Essential Insights

  • 🚨 Phishing Awareness Rising: Many community members are noting increased incidents of phishing.

  • πŸ“ž Coinbase Confirms No Calls: Coinbase has reiterated that they will not reach out personally through calls.

  • πŸ’‘ Community Support is Key: Many users share tips and resources to educate one another about scam signs.

For those concerned about potential scams, always verify communications through the official Coinbase support channels at Coinbase Support. Stay informed, remain cautious, and protect your financial assets.