QI Quadriga Initiative

Dec 2021 - Coinbase Wallet Seed Phrase Lost Fresh_Supermarket - $5k (Global)

"Coinbase Wallet - Your key to the world of crypto. Store all of your crypto and NFTs in one place. Support for hundreds of thousands of tokens and dapps. Explore the decentralized web on your phone or browser. Protect your digital assets with industry-leading security."

"I know... im dumb. So I got a new phone and lost my coinbase wallet seed phrase, however I still have coinbase wallet logged in on my Google Chrome extension. How do I get my money back? I have $5000."

"its making me confirm transaction on old wallet account on the phone app.."

Further Analysis

Reddit user Fresh_Supermarket reports that they lost the seed phrase of their CoinBase Wallet and even though they had the wallet still running on their phone, they were unable to regain access to their funds. They lost $5,000.

How Could This Have Been Prevented?

More Cryptocurrency Exchange Hacks/Scams/Frauds

Grim Finance Reentrancy Attack > > < < Charge DeFi Flash Loan Attack

Sources/Further Reading

Lost Coinbase Wallet Seed Phrase, but I still have access to the Wallet Chrome Extension. How do I get access back? : CoinBase (Dec 31)
https://www.coinbase.com/wallet (Dec 31)


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