Microsoft, Coinbase, and Europol team up to dismantle large-scale phishing platform Tycoon 2FA

CycleProphet · 2026-03-05T04:06:38+00:00

Microsoft, Coinbase, and Europol successfully dismantled Tycoon 2FA, the world's largest phishing-as-a-service platform, preventing 330 related domains. The platform specialized in bypassing multi-factor authentication, leading to severe data breaches and financial losses. Phishing scams are considered a major threat in 2025.

CycleProphet

2026-03-05 04:06:38

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Deep Tide TechFlow News, March 5th, reports that Microsoft, Coinbase, and Europol have successfully taken down the core infrastructure of Tycoon 2FA, one of the world’s largest phishing-as-a-service platforms. The platform specialized in providing tools to bypass multi-factor authentication, executing attacks through fake login pages and session token theft.

Microsoft has blocked 330 domains related to the platform, while Coinbase helped identify the platform administrators through blockchain transaction tracking. According to reports, Tycoon 2FA accounted for 62% of phishing attempts blocked by Microsoft in mid-2025, sending over 30 million phishing emails per month, impacting industries from healthcare to education, leading to data breaches and stolen funds.

Blockchain security firm Certik previously stated that phishing scams were the second-largest threat in 2025, causing $722 million in losses for crypto investors.

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