CAUTION: Fake Coinbase scam email
Be careful out there. An email is going around claiming to be from Coinbase, telling us we must migrate to a self-custodial wallet WITH THE INCLUDED SEED PHRASE. Maybe someone wants to look at this wallet and see if people are falling for it? Maybe investigate who's behind it?
As of March 14th, Coinbase is transitioning to self-custodial wallets. Following a class action lawsuit alleging unregistered securities and unlicensed operations, the court has mandated that users manage their own wallets. Coinbase will operate as a registered broker, allowing purchases, but all assets must move to Coinbase Wallet.
Your unique recovery phrase below is your Coinbase Identity. It grants access to your funds—write it down and store it securely. Import it into Coinbase Wallet by entering each word followed by a space.1. double 2. true 3. orient 4. this 5. tone 6. calm 7. blouse 8. tissue 9. cinnamon 10. clump 11. twenty 12. tattoo
Edit for newbies: NEVER use a seed phrase you didn't generate yourself. This seed phrase is KNOWN to the scammers so they have access to any funds you put in this wallet.
submitted by /u/sudomatrix
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