Coinbase Offers $20 Million Bounty After Insider-Driven Data Breach

Coinbase confirms data breach with hackers demanding $20 million ransom

The biggest cryptocurrency exchange in the United States just confirmed that it was hacked.On Thursday, Coinbase confirmed that their systems were breached by unauthorized users and that internal company documents along with customers' personal data were accessed. The company was made aware of the breach via an email from the threat actor on May 11. This Tweet is currently unavailable. It might be loading or has been removed. Coinbase disclosed …

Hackers scam Coinbase users and ransom data for $20M

: One expert tells us: 'It is the most unique breach disclosure I've ever seen'

Coinbase says bribed workers leaked data to hacker seeking $20 million in ransom

(Bloomberg/Emily Nicolle) — Coinbase Global Inc. said hackers bribed contractors or employees outside the US to steal sensitive customer data and demanded a $20 million ransom, in one of the most high-profile security breaches of a crypto trading platform. The largest US crypto exchange said it won’t pay the ransom and estimated the incident could cost the San Francisco-based firm up to $400 million to remedy. Criminals had offered cash to Coinb…

Coinbase said cyber crooks stole customer information, demanded $20 million ransom payment

Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the info. Coinbase CEO Brian Armstrong said in a social media post that criminals had bribed some of the company’s customer service agents who live outside the U.S. to hand over personal data…

Coinbase said cyber crooks stole customer information and demanded $20 million ransom payment

Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the info.

US crypto group Coinbase targeted by hackers

Company said demands were made for $20mn to prevent public disclosure of stolen customer data