# altcoin / # bitcoin / # blockchain / # exchange / # events / # ICO / # trends / # finance / # Russian news

BitGo Engineering Manager Has $100K Stolen From His Coinbase Account

On Monday (May 20), Sean Coonce, an engineering manager at crypto custodian BitGo, admitted that last week he had become the victim of a "SIM swap" attack, as the result of which his Coinbase account got "drained" and he lost "north of $100,000." More importantly, he decided to "increase awareness about these types of attacks" by providing a detailed account of what had happened, and what he had learned from this very unfortunate incident.