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Coinbase says customers’ personal information stolen in data breach

  • Crypto giant Coinbase confirms data breach where customer data, including personal information and government-issued ID documents, were stolen.
  • Hacker obtained customer account information and demanded $20 million ransom, which Coinbase refuses to pay.
  • The hacker accessed customer names, addresses, phone numbers, Social Security numbers, bank account details, and government IDs.
  • Less than 1% of Coinbase's customers were affected by the breach, with estimated incident remediation and reimbursement costs between $180 million to $400 million.

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