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RE: If you have a Coinbase account: BEWARE because you could lose everything you own, just like I did (help me spread the word fellow steemians!)

in #bitcoin7 years ago

I am very sorry to read what you went through!. I know its not a lot you lost, but its ALOT to you and I feel you on that! :(
I always thought Coinbase is reliable, being so regulated.. ID verification, limits on deposits, withdrawals, so on, what a nightmare! Hope you recover soon, buddy, all the best!
QUESTION: what were your security precautions? Did you have Google auth as a 2FA?

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I had Text 2fa set up (this is what bit me, since my sim card got swapped), my password was only bypassed because they had access to very private information such as my social security number (my password would take 3 million years to crack under brute force) . And Email confirmation as well, but all where redundant in the face of them having taken control of my number

Hm I see, you had 2 step verification - (a code sent to your phone) and not 2FA google Authenticator (thats why i was reading that text code to phone is less secure). BTW just read Coinbase are insured if you are in USA, but only if they are hack attacked, not losses resulting from the compromise of your individual Coinbase account :( And I guess you didn't try the BTC Vault (unfortunately they only have it for Bitcoin).
How can they have your SSN? Do these people know you? Or it all came because of the sim / phone compromise?!
Anyway, I am hearing more that people use PRE-Paid cards for that matter (to avoid sim-swap sh*t).

It is both, my SSN was stolen in a previous hack of Anthem Blue Cross. I'm sure there is an article about that here on steemit but in any case it is a healthcare insurance provider.

So, I guess your phone number was associated with your email??? Yeah, we live in those smart phone times, where the phone becomes your fri**ing wallet...
I re-steemed your story yesterday. I hope more people do that and help you out.

Thank you very much! Steemit has always been good to me, so I am hopeful that this post will pick up!

Re-steemed

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