Coinbase Agents Bribed, Data of ~1% Users Leaked; $20M Extortion Attempt Fails

Coinbase Agents Bribed, Data of ~1% Users Leaked; M Extortion Attempt Fails

Coinbase disclosed a security breach where cyber attackers targeted its customer support staff to steal sensitive customer data. The hackers attempted extortion but failed to access private keys or funds.
Affected: Coinbase customers, internal support systems

Keypoints

  • The breach involved attackers convincing support agents to copy customer data using social engineering techniques.
  • Less than 1% of Coinbase’s 9.7 million monthly users were affected by the data theft.
  • The compromised data included personal details, government IDs, and transaction history, but not passwords or private keys.
  • Coinbase responded by reimbursing affected customers, enhancing ID verification for large transactions, and increasing security measures.
  • The company established a $20 million reward fund for information leading to the attackers’ arrest and conviction.

Read More: https://thehackernews.com/2025/05/coinbase-agents-bribed-data-of-1-users.html