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Post #7167 2.8K
⚠️ JUST IN: Coinbase Sued for Withholding $55M Hack Funds After Freezing Them

A Puerto Rican victim of a $55M DAI phishing hack is suing Coinbase for refusing to return frozen funds despite sworn proof of ownership. The victim clicked a fake DefiSaver link in August 2024, unknowingly granting attackers wallet control. Investigators traced the funds to a Coinbase retail account, Coinbase froze them, but then demanded a court order before returning anything.

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