You are viewing a single comment's thread from:
RE: You NEED to do this if you use Google Authenticator for Coinbase (before it's too late)
It is quite scary that coinbase will transfer the funds like that to a new account. Seems like the perfect way for a Scam Artist to get a hold of your Crypto.
I have 2FA, backed up seed code, and original phone number but after reading this I plan to keep even less money on Coinbase than in the past.
They make sure that it's the same person with the new account because they verify that the ID used to make the new account is the same as the one used in the old account.