CM – U.S. District Judge ordered Huobi Global to freeze a $ 600,000 Bitcoin account: fraud

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An old hacking & scam involving Coinbase users comes to light when a trace of a connection to the global crypto exchange Huobi is found.

In April, a Coinbase user was somehow caught by the scammers . According to reports, a Coinbase user bought 200 bitcoins in the Coinbase wallet. After purchasing 200 bitcoins, the user received a notification pop-up message “with cell phone number”.

Following the complaint and report against this incident, investigators discovered that the stolen funds were linked to the Huobi global crypto exchange. The crypto exchange has Bitcoin worth $ 600,000.

Dolly M. Gee, District Judge for the US District Court for the Central District of California, ordered the Huobi Global Crypto Exchange to freeze the account in order to defeat the fraudster investigate and apprehend.

The director of media relations for the US Attorney’s Office in Los Angeles, Thom Mrozek, confirmed that Huobi Exchange agreed to the order and it would do the same.

« Huobi has agreed to keep the funds up to continue to freeze to settle the recovery claim “

A few months ago, CNBC reported on a report in which many Coinbase users were threatened by fraudsters and because of poor security. In response, Coinbase Exchange claimed that Coinbase always followed security guidelines to keep the user account safe and also appreciated its phone call support initiative to limit account hacking activities.

While many Coinbase users claimed that Coinbase cannot deal with such problems and neither can they do anything. And also criticized the phone support, claiming that it is not easy to get in touch with suspicious activity on the account.

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Keywords:

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