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Fake Coinbase texts led to $900K Bitcoin theft; US seeks forfeiture of seized crypto from Binance.

Market News
29 Sep 2026
Bitcoin
View Source
Bearish
Fake Coinbase texts led to $900K Bitcoin theft; US seeks forfeiture of seized crypto from Binance.

Fraudulent texts impersonating Coinbase tricked a Massachusetts family trust beneficiary into sharing login details, resulting in the theft of 33.7 bitcoin worth about $900,000. Investigators traced 11.2 of the stolen bitcoin to a Binance account, which was frozen by the FBI. The US government is now pursuing civil forfeiture of 110,270 USDT seized from that Binance account, aiming to recover assets linked to the theft. This case highlights risks of phishing scams targeting crypto users and ongoing efforts to reclaim stolen digital assets.

This case of stolen bitcoin linked to a Binance account underscores ongoing security challenges in crypto trading. On Pluang, Binance Coin (BNB) is priced at Rp13.594.911 with a slight 0.83% decrease over the past day as of Sep 30, 2026 07:11 WIB. The market cap stands at Rp1.812,75 trillion, and the 24-hour trading volume is Rp27,85 trillion, indicating active trading despite recent security concerns.

More News (BNB)

US prosecutors seize $47K in Tether linked to $900K Bitcoin fraud traced to Binance account

US prosecutors seize $47K in Tether linked to $900K Bitcoin fraud traced to Binance account

Federal prosecutors in Massachusetts filed a civil forfeiture case to seize about 110,270 USDT linked to a $900,000 Bitcoin theft from a Massachusetts family trust. The theft occurred after fraudulent texts tricked a trust beneficiary into revealing ...

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