Coinbase user loses $11.6 Million of Bitcoin Following a Notification Scam


A forfeiture notification seeking to reclaim stolen Bitcoins was issued by investigators.

Judge Dolly M. Gee approved the warrant request in early October in case someone other than G.R. wanted to claim ownership of the Bitcoins.

“Huobi has agreed to maintain a freeze on the funds pending resolution of the forfeiture action,” Thom Mrozek, director of media relations for the US Attorneys Office in Los Angeles, told Insider via email. “No one has been arrested or charged, but our investigation is ongoing.”

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