Coinbase Catastrophe: Insider Agents Bribed, Data Stolen, $20M Reward for Justice!
Coinbase insider breach exposes user data as overseas agents are bribed! Refusing to pay a $20 million ransom, Coinbase offers a matching reward for information leading to arrests. Enhanced security measures and cooperation with law enforcement are underway. Despite the breach, critical login and wallet data remain secure. Stay alert, Coinbase users!
Hot Take:
Who needs Hollywood when you’ve got drama like this? Coinbase’s latest insider caper has all the elements of a blockbuster: bribery, betrayal, and a cool $20 million bounty. Move over, Ocean’s Eleven; we’ve got Coinbase’s Seven Percent!
Key Points:
- Bribed overseas customer support agents compromised less than 1% of Coinbase users’ data.
- Stolen data included masked bank info, government IDs, and partial Social Security numbers.
- Attackers impersonated support to scam customers and demanded a $20 million ransom.
- Coinbase refused to pay and instead offered a $20 million reward for catching the culprits.
- The breach could cost Coinbase up to $400 million, reflecting in their stock drop.
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