CUSTOMER DATA THEFT

May 16 2025TECHNOLOGY

Coinbase Faces $20 Million Ransom Demand After Data Breach

A major player in the crypto world, Coinbase, recently faced a serious threat. Hackers managed to get their hands on some customer data by bribing a few overseas employees. They then demanded a hefty ransom of $20 million in bitcoin. This all started when Coinbase received an email on May 11. The sender, an unknown threat actor, claimed to have stolen sensitive infor...

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