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SYSTEM PROCESSING...
Posted: 2025-05-15 15:41:36 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-15 15:41:51 UTC
Verified By
Rollup News
Coinbase reveals that criminals targeted their customer support agents overseas, using cash offers to convince insiders to copy customer data, affecting less than 1% of their monthly transacting users. The criminals aimed to gather a customer list for potential crypto scams and attempted to extort Coinbase for $20 million, which Coinbase refused.
Data breach affecting customer data
Insider threat via bribed employees
Extortion attempt by criminals
Coinbase's refusal to pay extortion money
Insider threats and vulnerabilities
Risk of customer data exposure
Extortion attempts targeting cryptocurrency companies