Lookonchain APP

App Store

The suspect who impersonated Coinbase customer support in October 2024 to scam users out of $6.5 million has been arrested

2025.12.15 20:21:54

On-chain detective ZachXBT announced on social media December 15 that Ron—real name Ronald Spektor—has been arrested in New York. Spektor previously impersonated a Coinbase customer support representative in November 2024 and stole $6.5 million from users. As previously reported by BlockBeats, in November 2024, the scammer (operating under the alias "Ronaldd," real name Ronald Spektor) was accused of stealing $6.5 million from a victim via a social engineering attack. The incident unfolded October 7, when the victim received a call from someone posing as Coinbase support, leading to a phishing attack and fund theft. On-chain analysis showed the stolen funds were sent to the eXch platform, converted to Litecoin (LTC), and dispersed across multiple services.
Relevant content

Visual Guide to the recent SEC Report: Why Allow Nasdaq to Trade Tokenized Stocks?

On March?19, the U.S. Securities and Exchange Commission (SEC) officially approved a Nasdaq rule change this morning—greenlighting the trading of tokenized securities on the exchange, a critical step for traditional capital markets toward blockchain technology. Under the plan, eligible stocks and ETFs will clear and settle via the existing trading system as on-chain tokens, with the same order book, trading priority, and shareholder rights as traditional securities. The pilot is tied to the Depository Trust & Clearing Corporation’s (DTCC) tokenization initiative: investors may opt for tokenized settlement when placing orders, and the system will handle on-chain processing post-trade. Nasdaq noted that beyond the settlement method, trading rules, market data, fee structures, and regulatory oversight will remain unchanged. Tokenized securities will also be fully integrated into existing U.S. securities law frameworks. For additional details, see the accompanying infographic.

6 minutes ago

Think Tank Warning: U.S. Weeks Away From Striking Iran, Israel to Take Over Prolonged Action

March 19 – Seth G. Jones, an expert at the Center for Strategic and International Studies (CSIS), says direct U.S. military strikes on Iran could only last a few days or weeks, primarily due to limited stockpiles of long-range strike and defense munitions. Jones noted that before the latest round of strikes, U.S. key munitions reserves were already stretched thin, which would force the Donald Trump administration to scale back its military operations. Even as the U.S. gradually pulls back, Israel is likely to keep conducting periodic strikes on Iran—similar to its longstanding military approach against armed groups in Lebanon. Analysis suggests that if the current phase of the conflict winds down, it could help de-escalate tensions in the Strait of Hormuz and lower oil prices. However, shipping resumptions will still hinge on progress in follow-up diplomatic talks.

6 minutes ago

Qatargas Ras Laffan LNG Facility Targeted in Another Attack

On March 19, Qatar’s Ras Laffan natural gas facility was hit by a missile again in the early hours of local time that day. Earlier the same day, Iranian sources claimed Iran had once again attacked oil facilities in “Gulf countries hosting Iran’s enemies.” Ras Laffan Industrial City is home to the world’s largest liquefied natural gas (LNG) production facility, per CCTV.

6 minutes ago

BlackRock withdraws 2,267 BTC and 5,041 ETH from Coinbase

On March 19, per OnchainLens data, BlackRock withdrew 2,267 BTC (valued at roughly $161.82 million) and 5,041 ETH (worth around $11.02 million) from Coinbase. Over the past three consecutive days, the asset manager has pulled a total of 8,435 BTC—with an aggregate value of approximately $618.05 million—from the exchange.

6 minutes ago

Powell's Hawkish Pivot: Rate Cut Expectations Plummet, U.S. Treasuries Sold Off, Yields Surge

March 19 — Federal Reserve Chair Jerome Powell’s latest hawkish remarks delivered a sharp blow to market expectations Wednesday, as he explicitly stated the central bank will hold off on rate cuts until inflation sees a **significant decline** — dashing investors’ hopes of earlier easing. U.S. Treasuries sold off sharply in response: - The 2-year yield jumped to ~3.78%, a 7-month high; - The 10-year yield rose to 4.27%. Rate-cut bets cooled rapidly: The odds of at least one cut this year are now near a **coin flip**, with some market chatter even turning to potential rate hikes. Analysts note Middle East tensions have pushed oil prices higher, amplifying inflation pressures and prompting the Fed to take a more cautious stance. Earlier bets on multiple cuts have largely reversed, driving heavy volatility in the bond market.

6 minutes ago

Tokenized Stock Market Cap Skyrockets 40-Fold: From Under $100 Million in Early 2025 to Over $4 Billion Now

March 19 — CoinDesk reports the tokenized stock market has surged from under $100 million at the start of 2025 to over $4 billion, marking explosive growth.

6 minutes ago