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Millions Of Stolen Passwords For Sale To Hackers For Just $81

  • Criminals bribed some of Coinbase's foreign customer service agents and obtained personal data of U.S. Customers in 2025 for crypto scams.
  • The attackers demanded $20 million to prevent releasing the stolen data publicly, which included names, birth dates, and partial social security numbers.
  • Coinbase CEO Brian Armstrong said the stolen data enables social engineering where attackers impersonate support to trick customers into sending funds.
  • Armstrong stated Coinbase refuses ransom payment and offers a $20 million bounty for information leading to the attackers' arrest, pledging prosecution of extortionists.
  • Coinbase plans to spend $180 million to $400 million on remediation and reimbursements, and fired implicated employees while boosting fraud prevention efforts.
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Coinbase customer data stolen in hack, company says crooks demand $20 million ransom

Coinbase didn't say how many customers had their data stolen, but warned clients they should be on alert for scams targeting them for additional details.

·Spokane, United States
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  • 64% of the sources are Center
64% Center
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Forbes broke the news in United States on Friday, May 16, 2025.
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