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Coinbase Reveals Over 69,000 People Had Their Data Exposed in a Breach. Take These Steps Now

  • Coinbase disclosed on May 21, 2025, that a data breach exposed personal and financial information of 69,461 customers through overseas contractors in support roles.
  • The breach occurred between December 26, 2024, and early May 2025 after criminals bribed employees to access internal documents and customer data.
  • The exposed information includes names, addresses, phone numbers, partial Social Security numbers, government IDs, account balances, and transaction histories but excludes passwords and private keys.
  • Attackers demanded a $20 million ransom on May 11, 2025, which Coinbase refused, instead offering a $20 million bounty for tips leading to their arrest.
  • Coinbase continues cooperating with law enforcement, will reimburse customers who lost funds to the attackers, and expects breach costs to reach $180 million to $400 million.
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winfuture.de broke the news in on Friday, May 16, 2025.
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