According to ZachXBT, Coinbase users are losing over $150 million annually due to scams, highlighting significant privacy issues in the US. ZachXBT suggests that Coinbase should hold compromised tools like TLOxp and Telcos accountable and improve internal victim support and intelligence actions to protect users. This situation indicates the need for traders to be cautious and vigilant when using the platform.

According to ZachXBT, over $150 million is stolen annually from Coinbase users, highlighting significant privacy issues in the US. ZachXBT emphasizes that Coinbase needs to hold compromised tools like TLOxp or Telcos accountable and improve support for scam victims, citing a lack of legal action against threat actors. This situation impacts traders who are vulnerable to scams due to inadequate corporate responses.

According to ZachXBT, the TLOxp tool, operated by TransUnion and meant for use by law enforcement and licensed professionals, has been compromised. This tool is now accessible on Telegram for less than $25 and is being exploited by threat actors for activities such as lookups on targets, swatting, and extortion.