Coinbase is facing backlash for allegedly delaying the disclosure of a data breach that occurred last month, reportedly knowing about it months before going public.
A recent report by Reuters revealed that an India-based TaskUs employee working for Coinbase was caught taking pictures of her work computer to sell information to hackers in January.
Coinbase has severed ties with the personnel involved and tightened controls but refrained from disclosing the identity of other foreign agents.
Investors have criticized Coinbase for lack of transparency and utilizing overseas contractors for sensitive data, leading to legal scrutiny including class action lawsuits and a Department of Justice investigation.