Coinbase Data Breach: Blames ‘Rogue’ Support Staff for Customer Data Leak, Months After Intensified Fraud Monitoring
Coinbase has confirmed a major data breach involving unauthorized access to customer information after hackers bribed overseas support staff. The incident, disclosed in an SEC filing on May 14, 2025, came to light when the company received an extortion email on May 11 demanding $20 million to prevent the public release of stolen data. What…