Coinbase, Microsoft disrupt “Tycoon 2FA” phishing network as crypto rules hit another snag
Coinbase Global Inc announced Wednesday it collaborated with Microsoft and several other partners to take down “Tycoon 2FA,” a phishing operation that sold stolen login credentials by subscription. According to the crypto exchange, it tracked crypto transactions tied to the service, which led to identifying a suspected administrator, reportedly based in Pakistan. The timing isn’t lost on Coinbase. Phishing attacks still find their way into accounts—and then, inevitably, into complaints—even if users have enabled additional login protections.