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Coinbase Breach Tied to Bribed TaskUs Support Agents in India
- Coinbase disclosed on May 14, 2025, that a data breach involved India-based TaskUs employees taking unauthorized photos of customer data in January.
- The breach occurred after cybercriminals bribed a small group of TaskUs insiders to copy data from less than 1% of Coinbase's monthly users.
- Coinbase received a $20 million extortion demand on May 11 but refused to pay, notifying about 70,000 impacted customers starting May 21.
- Coinbase fired the compromised employees immediately, estimated breach costs up to $400 million, and confirmed a Justice Department investigation.
- TaskUs halted all of its Coinbase-related activities in Indore, impacting 226 employees, while Coinbase implemented enhanced security measures and announced a $20 million reward for information.
46 Articles
46 Articles
Coinbase Delays Data Breach Disclosure: Report - Unchained Crypto
Coinbase was reportedly aware as early as January of a significant data breach at an outsourcing company that handled customer support for the cryptocurrency exchange, according to a report by Reuters. An employee from the India-based firm, TaskUs, was caught taking photos of customer data on her work computer using her personal phone. Multiple sources, including former TaskUs employees, reportedly confirmed that Coinbase had been notified immed…
$400,000,000 Coinbase Hack Linked to India-Based Employee Caught Taking Photos of Computer Screen
Coinbase, one of the largest cryptocurrency exchanges globally, has become the center of a shocking investigation after a $400 million crypto heist was reportedly traced to an insider working at an outsourcing office in India. According to leaked documents and sources familiar with the matter, an employee allegedly gained unauthorized access by taking mobile phone photos of sensitive internal dashboards—a surprisingly low-tech method behind one …
Coinbase Allegedly Pulls A 99% Rug On User Coverage, From $1M To $10K
Coinbase (NASDAQ: COIN) has reportedly slashed the “unauthorized-transfer” reimbursement that anchors its Coinbase One subscription, chopping the headline cap to just $10,000 from the long-advertised $1 million. One of the subscribers, writing on Reddit, said customer support offered “only [to] refund me 1 month of the 12 I’ve paid for, even though they changed insurance […]
Crypto’s Weakest Link? Coinbase Hacked by Its Own Support Team
The breach, discovered in January 2025 but disclosed publicly in May, involved two India-based TaskUs employees who were bribed and recruited by cybercriminals to leak customer data. One of the individuals was caught physically photographing sensitive information from internal Coinbase systems using a mobile phone — a low-tech but effective exfiltration method designed to evade traditional digital surveillance. Data Exposed: According to Coinbas…
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