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Coinbase phishing email tricks users with fake wallet migration

A large-scale Coinbase phishing attack poses as a mandatory wallet migration, tricking recipients into setting up a new wallet with a pre-generated recovery phrase controlled by attackers. The emails have a subject of “Migrate to Coinbase Wallet” and state that all customers must transition to self-custodial wallets. The email also provides instructions on how to download the legitimate Coinbase Wallet.…