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infinityhedge infinityhedge @infinityhedge · 45.9K subscribers
Post #25676 29.8K
COINBASE DATA LEAK ⚠️🚨

Coinbase: Cyber criminals bribed and recruited a group of rogue overseas support agents to steal Coinbase customer data to facilitate social engineering attacks. These insiders abused their access to customer support systems to steal the account data for a small subset of customers. We will reimburse customers who were tricked into sending funds to the attacker.

*Coinbase: We will not pay the $20M ransom demand we received. Instead we are establishing a $20M reward fund for information leading to the arrest and conviction of the criminals.

*Coinbase expects up to $400 million hit from cyber attack

*Coinbase: Company's investigation is ongoing, the full impact of these events are not, yet known.
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