It seems the digital Wild West is alive and well, with crypto bandits riding into town, ready to relieve the unwary of their hard-earned digital gold. 🤠💰
Recently, the crypto community has been abuzz with tales of skullduggery. First, there’s the old “Gemini’s gone bust” email doing the rounds, fooling folks into sending their crypto off to who-knows-where. Meanwhile, Coinbase had its own little drama with a rogue employee taking a peek at user info without so much as a ‘by your leave’.
Gemini: “We’re Fine, Thanks for Asking!”
April Fools came a little late for some, with an email scam claiming Gemini had thrown in the towel. It urged users to swiftly move their funds to an Exodus wallet, complete with a seed phrase that might as well have been written by a con artist. Spoiler: it was.
“Do not follow these directions. Please retweet to protect those that may have been doxxed and sent this email,” Jason Williams valiantly warned, probably while donning a virtual cape.

Imagine losing sleep over an email claiming a $1.2 billion loss for Gemini. Some folks did more than lose sleep; they lost their crypto, too. It’s a reminder that in the crypto world, skepticism isn’t just healthy—it’s essential.
“I got one also. It is better than your typical ‘Coin Base’ one, but still not quite there. Might fool a boomer though,” quipped one X user, proving that ageism is alive and well in the digital age.
Gemini, not one to take these shenanigans lying down, issued a stern warning: “We recently learned that some Gemini customers are being targeted with scam emails requesting users to transfer their crypto to outside wallets. Be smart, folks—Gemini won’t ask you to send your crypto to Timbuktu.”
Coinbase’s Uninvited Guest
In a plot twist that surprised absolutely no one, Coinbase admitted one of its own had gone rogue, accessing user account details without permission. It’s like finding out your trusted butler has been reading your diary.
This little escapade has users on edge, with phishing emails and calls pretending to be from Coinbase now on the rise. It’s a veritable smorgasbord of scams out there.
“That explains the fake Coinbase phishing emails and phone calls today,” Mike Dudas noted, connecting the dots with the finesse of a seasoned detective.

To add insult to injury, blockchain investigator ZachXBT pointed out that Coinbase users had been swindled out of over $65 million. And guess what? Coinbase didn’t even notice until he tipped them off. 😬
“Coinbase did not detect it; I sent them the intel,” ZachXBT revealed, proving that sometimes, it takes a village to catch a thief.
And just when you thought it was safe to go back in the water, Cobie hinted that Kraken might be facing a similar problem. It’s like a bad spy movie where everyone’s cover is blown.
“Kraken also recently hit with this too. Maybe a new scheme from attackers (get a CS agent employee in, exfil data),” Cobie mused, painting a picture of intrigue worthy of a James Bond flick.
So, dear readers, as you navigate the treacherous waters of crypto, remember: do your homework, don’t trust easily, and for heaven’s sake, don’t click on that link!
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2025-04-01 13:28