Fake Coinbase Website’s Mastermind Sentenced to 60 Months in Prison
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Sentencing of Chirag Tomar: Chirag Tomar, the mastermind behind a fraudulent Coinbase Pro website that defrauded victims of over $20 million, has been sentenced to 60 months in prison by the U.S. Department of Justice, highlighting the ongoing battle against cryptocurrency-related fraud.
Impact and Prevention: The scam affected hundreds of victims globally, emphasizing the need for increased awareness and security measures among cryptocurrency users to protect against sophisticated phishing attacks and fake websites.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
