'Major Wake-Up Call': How $400M Coinbase Breach Exposes Crypto's Dark Side
- On December 26, 2024, Coinbase experienced a data breach affecting 69,461 users through bribed overseas support staff.
- The breach remained undiscovered until May 11, 2025, and involved insider wrongdoing where employees gave up sensitive customer data.
- The stolen data included names, addresses, phone numbers, government ID images, account balances, and transaction histories, leading to an extortion demand of $20 million.
- Coinbase publicly acknowledged the attack in an SEC filing on May 15 and committed to reimbursing customers with remediation costs estimated between $180 million and $400 million.
- The breach heightened concerns about crypto security, prompting Coinbase to offer a $20 million reward for information and to provide affected users identity protection services.
27 Articles
27 Articles
ThePatriotLight - MASSIVE SAFETY RISK: Coinbase Hacked, Criminals Given Names and Home Addresses of Big Crypto Holders!
ThePatriotLight - Coinbase was hacked last week. And while loss of funds seem to be a low fear here, there’s something even worse: A complete criminal road map. Imagine this…. Imagine a criminal suddenly was told how much crypto you own, along with your full name, address, phone and email address. I don’t think you have to be a criminal mastermind to predict what might happen next, do you? Bingo — a repeat of this story I just covered yesterday…
MASSIVE SAFETY RISK: Coinbase Hacked, Criminals Given Names and Home Addresses of Big Crypto Holders! * 100PercentFedUp.com * by Noah
Coinbase was hacked last week. And while loss of funds seem to be a low fear here, there’s something even worse: A complete criminal road map. Imagine this…. Imagine a criminal suddenly was told how much crypto you own, along with your full name, address, phone and email address. I don’t think you have to be a criminal mastermind to predict what might happen next, do you? Bingo — a repeat of this story I just covered yesterday: Man Kidnapped A…
MASSIVE SAFETY RISK: Coinbase Hacked, Criminals Given Names and Home Addresses of Big Crypto Holders!
Coinbase was hacked last week. And while loss of funds seem to be a low fear here, there’s something even worse: A complete criminal road map. Imagine this…. Imagine a criminal suddenly was told how much crypto you own, along with your full name, address, phone and email address. I don’t think you have to be a criminal mastermind to predict what might happen next, do you? Bingo — a repeat of this story I just covered yesterday: Man Kidnapped At…
Coinbase breach affected nearly 70,000 members and involved $20 million ransom
A recent, high-profile breach of cryptocurrency platform Coinbase affected nearly 70,000 users. Coinbase, one of the most-used and well-known crypto exchanges, revealed today that 69,461 people had been affected in the breach. That's according to an official filing with Maine's attorney general, which is required by law in the state. (For the curious Mainers out there, "approximately 217" people in the state were affected.) The filing noted that…
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