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Cranbury Township Police Department
Wednesday September 10th, 2025 :: 12:16 p.m. EDT

Alert

FRAUD ALERT: COINBASE WITHDRAWAL CODE SCAM

Please read the below press release authored by the Middlesex County Prosecutor's Office:

FRAUD ALERT: COINBASE WITHDRAWAL CODE SCAM

Coinbase is an American cryptocurrency exchange that allows buying, selling and holding various forms of cryptocurrency. It is a widely used exchange, which has made it a target for bad actors that utilize a new scam.

A phishing scam has targeted cell phone users via text with a recent surge nationwide. Below is an example of the message:

Coinbase Code Scam Text Alert

Key indicators of this scam include but are not limited to:

  • Messages from unknown numbers that are not associated with Coinbase.
  • Unsolicited OTP (one-time password) codes or withdrawal notifications. • Requests to call a phone number to “verify” account activity.
  • Spelling errors or extremely urgent language

To protect yourself and others from these scams, consider the following:

  • DO NOT provide account login information
  • Don’t share account activity – Don’t share activity or financial account information.
  • Change your password – If you called a phone number from a phishing text scam, it is recommended you change your password. Also call your financial institutions if you provided any financial information.
  • Block any phone numbers, report the text as junk/spam, and send a screenshot of the phishing text in a message to [email protected].

Please call 9-1-1 or your local police department if you believe you are being victimized. You can also report scams to Coinbase [email protected] or to the Internet Crime Complaint Center (IC3) https://www.ic3.gov

Instructions:

Read the above message

Address/Location
Cranbury Township Police Department
1 Logan Dr
Cranbury, NJ 08512

Contact
Emergency: 9-1-1
Non-emergencies: 609-395-0031

Alert Details

Severity:
Minor - Minimal to no known threat to life or property
Urgency:
Expected - Responsive action SHOULD be taken soon (within next hour)
Certainty:
Observed - Determined to have occurred or to be ongoing
Category:
Law enforcement, military, homeland and local/private security
Event:
Criminal Activity

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