Coinbase, Microsoft disrupt “Tycoon 2FA” phishing network as crypto rules hit another snag
Coinbase said it helped disrupt Tycoon 2FA, a phishing service used to bypass multi-factor authentication, tracing crypto payments to a suspected administrator in Pakistan. Microsoft seized 330 domains linked to the operation under a New York court order. Cloudflare banned thousands of related domains. Coinbase shares fell 0.8% Thursday after a 15% jump Wednesday as bitcoin neared $74,000.