Ronald Spektor Arrested in New York Over $6.5 Million Coinbase Impersonation; On-Chain Trail Points to Litecoin (LTC)

COINOTAG News confirms that, per on-chain investigator ZachXBT, Ronald Spektor, who was previously accused of a Coinbase impersonation in November 2024, has been arrested in New York. The case stems from a social-engineering operation that led a Coinbase-support impersonator to steal about $6.5 million in user assets.

According to COINOTAG, the crime occurred on October 7 after the victim was directed to a phishing site following a call from someone posing as Coinbase support. On-chain tracing shows funds moved to the eXch platform, swapped into LTC, and then dispersed to multiple service providers.

This incident highlights the importance of robust crypto risk management and vigilant identity verification of support channels. Readers should strengthen phishing defenses, use hardware wallets, and rely on official channels to reduce exposure to social-engineering fraud.