Common crypto scam tactics and how to protect yourself

Jeff Lunglhofer, Chief Information Security Officer, Coinbase

Episode 47 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Coinbase Chief Information Security Officer Jeff Lunglhofer.

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Jeff Lunglhofer is Coinbase's Chief Information Security Officer.

In this episode, Lunglhofer highlights common techniques used by malicious actors in the crypto space and offers suggestions on how to avoid these threats.

The crypto industry lost $336 million in the first quarter of 2024 due to hacks and fraud, according to blockchain bug bounty platform Immunefi.

Outline

Introduction
Malicious Actors
Data Leaks
Scammer Psychology
Red Flags
Phising Frequency
Victim Recourse
Security Best Practices
Scammer Trends
Coinbase's Security
Closing Thoughts

This episode is brought to you by our sponsor Polkadot
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