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Brooklyn Man Charged in $16M Coinbase Phishing Scam

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A 23-year-old Brooklyn man, Ronald Spektor, has been charged with stealing $16 million from over 100 Coinbase users. Using the handle 'lolimfeelingevil,' he impersonated support staff to siphon funds. Prosecutors say he used mixers and gambling sites to launder the assets. The leading cryptocurrency exchange, Coinbase, aided in tracking the stolen funds. Authorities seized $105,000 in cash and $400,000 in crypto. Spektor faces 31 charges, including fraud and money laundering. The case raises questions like is KuCoin safe, as users are urged to verify support contacts.
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