Security· ★★★· bearish·

Ronald Spektor sentenced to 4-12 years for $15.94M Coinbase phishing scam

  • —Losses totaled $15.94 million across roughly 100 Coinbase users
  • —Spektor pleaded guilty to all 31 counts on September 2
  • —Sentence is 4-12 years plus nearly $16 million in restitution
  • —Authorities seized over $500,000 in cash, crypto and property
Why it matters: The case shows brand-impersonation phishing can drain accounts without stealing private keys, while recovery for victims remains partial.
Source: CryptoActu
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