Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme
Published . Updated .
The fraudster managed to scam about 100 people across the United States, convincing them of transferring funds to him, claiming their accounts had been hacked.
Directly affected
- PPLI People
Named in this report.
Indirectly affected
- NVDA NVIDIA
Chip makers and their suppliers move when export rules or Taiwan risk changes
- TSM Taiwan Semiconductor
The main advanced-chip manufacturer sits in Taiwan
- ASML ASML
Chipmaking-equipment sales follow export rules
- AVGO Broadcom
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMD AMD
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMAT Applied Materials
Chip-equipment makers feel export controls
- LRCX Lam Research
Chip-equipment makers feel export controls
- SMH VanEck Semiconductor
A fund of semiconductor companies
- SOXX iShares Semiconductor
A fund of semiconductor companies
- QQQ Invesco QQQ
Big tech moves with chip-supply risk
Price reaction, T-5 to T+3
The fraudster managed to scam about 100 people across the United States, convincing them of transferring funds to him, claiming their accounts had been hacked.
Source: CoinDesk
Direxion Daily Technology Bull 3X Etf (TECL) compared with technology stocks (XLK) since 24 Sep 2026
Since the first closing price after “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme,” Direxion Daily Technology Bull 3X Etf (TECL) is -16.35%. The S&P 500 fund (SPY) is -0.62% over the same days, a -15.74% difference versus the market. technology stocks (XLK) is +2.42%, a -18.77% difference versus that group of stocks.
Who gains and who loses around Direxion Daily Technology Bull 3X Etf (TECL)
Companies carried with this story
- TECL Direxion Daily Technology Bull 3X Etf
For “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme,” Direxion Daily Technology Bull 3X Etf (TECL) is linked, with no stored direction, medium confidence. Reason on file: GA selected TECL as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FDTX Fidelity Disruptive Technology Etf
Fidelity Disruptive Technology Etf (FDTX) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme.” Reason on file: GA selected FDTX as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ITEQ Amplify Bluestar Israel Technology Etf
In “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme,” Amplify Bluestar Israel Technology Etf (ITEQ) is linked, with no stored direction, medium confidence. Reason on file: GA selected ITEQ as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- SEMI Columbia Select Technology Etf
Columbia Select Technology Etf (SEMI) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme.” Reason on file: GA selected SEMI as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- SPTE Sp Funds S&P Global Technology Etf
For “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme,” Sp Funds S&P Global Technology Etf (SPTE) is linked, with no stored direction, medium confidence. Reason on file: GA selected SPTE as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- TDV Proshares S&P Technology Dividend Aristocrats Etf
In “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme,” Proshares S&P Technology Dividend Aristocrats Etf (TDV) is linked, with no stored direction, medium confidence. Reason on file: GA selected TDV as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How semiconductors news reaches Direxion Daily Technology Bull 3X Etf (TECL)
Direxion Daily Technology Bull 3X Etf (TECL) is the company in “Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme,” the 24 Sep 2026 Semiconductors story.
Direxion Daily Technology Bull 3X Etf (TECL) is on the page because GA selected TECL as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Fidelity Disruptive Technology Etf (FDTX) is here too. Its reason reads: GA selected FDTX as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the Direxion Daily Technology Bull 3X Etf (TECL) price range
FDTX traded between 53.16 and 61.40 across 20 sessions. The latest close on file is 54.56. ITEQ traded between 58.87 and 63.37 across 13 sessions. The latest close on file is 59.79. TECL traded between 186.75 and 259.02 across 20 sessions. The latest close on file is 196.00.
How strong the case is around Direxion Daily Technology Bull 3X Etf (TECL)
46 out of 100
“Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.