ZachXBT: The exchange's phone verification policy is not secure, and the fraudulent phone calls caused by Coinbase have led to many theft cases

2025-05-16 12:54

According to Foresight News, crypto detective ZachXBT stated in response to the Coinbase user data breach incident, 'I personally believe that the exchange's phone number verification policy is extremely insecure, as fraudulent phone/text messages displaying' Coinbase 'have directly led to many theft cases.'. Inexperienced users are almost impossible to resist it. Due to the fact that most people only have one phone number, it will eventually be leaked as many websites require it

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