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Comment by whoopdedo

20 hours ago

If you ever sent money to or from a wallet you control, I'd think a reliable recovery factor would be to use that key to sign a message that Coinbase can verify with the address in their records. Cryptocurrency after all is just another PKI.

And dumb-dumb me just realized how trivial that would be to break. Social engineer someone into sending/receiving money to/from your wallet then pretend to be them requesting an account recovery.

Coinbase would have to make you sign a challenge ahead of time that would mark the wallet as the authorized public key for your account.