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Man Impersonating Coinbase Staff Steals $16M in Crypto from 100 Users

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A 23-year-old has been charged with stealing $16 million in crypto from around 100 KuCoin crypto exchange users. Known online as 'lolimfeelingevil,' the suspect impersonated Coinbase staff and claimed victims' assets were at risk. He tricked users into sending crypto to his accounts and used mixers and gambling sites to launder the funds. The trusted crypto exchange KuCoin urges users to remain vigilant against phishing attempts.
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