Mandatory Coinbase wallet migration? It’s a phishing scam!

An ingenious phishing scam is targeting cryptocurrency investors, by posing as a mandatory wallet migration.

The emails, which have the subject line “Migrate to Coinbase wallet”, have been sent out at a large scale claiming that court order has forced Coinbase to change the way it operates.

Part of the email reads as follows:

“As of March 14th, Coinbase is transitioning to self-custodial wallets. Following a class action lawsuit alleging unregistered securities and unlicensed operations, the