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Beware: potential coinbase scam text alert

Is this a scam? | Users raise red flags over suspicious text messages

By

Keiko Tanaka

Apr 29, 2025, 03:33 AM

Edited By

Aisha Malik

Quick read

A smartphone displaying a text message that looks like it's from Coinbase, asking for a verification code, with a warning symbol in the background.

A growing number of people are sounding the alarm about a questionable text message claiming to be from Coinbase. The message includes a verification code and instructs recipients to call a phone number if they did not request it.

The text message reads: "Your Coinbase verification code is: 112009. Please do not share this code with anyone. If you have not requested this, please call: (213) 408-7029. REF: CB97563." However, many are questioning the legitimacy of such requests, especially as reports of similar scams flood user boards.

Key Concerns from Users

  1. Phishing Attacks: Users are warning that messages like these are classic phishing attempts. They advise against calling unknown numbers or sharing verification codes.

  2. Security Practices: Several people highlighted the importance of checking notifications directly on the Coinbase app instead of responding to texts. As one user pointed out, "Always just go to the app and check notifications there."

  3. Immediate Action Required: In light of such scams, experts recommend securing accounts by changing passwords and utilizing strong two-step verification methods. One commenter suggested, "If you did not request a verification code, itโ€™s best to secure your account immediately."

"This appears to be a phishing attempt. Coinbase will never ask you to call a phone number or share your verification code with anyone."

User Reactions: Significant Divergence in Responses

Responses ranged from supportive advice to frustration over falling victim to such scams. One user revealed they had been tricked, saying, "I just fell for this was distracted by my kids." Others urged caution, emphasizing the necessity of skepticism towards unsolicited messages.

Key Takeaways

  • ๐Ÿšฉ A significant number of users labeled the text as a scam.

  • ๐Ÿ”’ Strong recommendations to enable two-factor authentication emerged from numerous comments.

  • ๐Ÿ“ž "Do not call the number provided or share the code with anyone," remains a recurring piece of advice.

As scams become increasingly sophisticated, users must stay vigilant. If you receive a suspicious message like this, consider reporting it to your mobile provider and avoid sharing personal details.