Coinbase Crisis: Bribed Support Agents Spill the Crypto Beans!
Coinbase’s data breach revealed a plot twist straight out of a cybercrime sitcom: India-based support agents were bribed to steal user data. These rogue agents, caught snapping screen photos, reportedly funneled information to hackers for bribes. Coinbase, instead of paying ransom, offered a bounty to unmask the culprits.
Hot Take:
In the world of cryptocurrency, where fortunes can be made or lost in the blink of an eye, it seems the real treasure is the value of a good bribe. Who knew that a few insiders with a penchant for clickity-clackity espionage could turn the tables on a digital giant like Coinbase? Bravo to these support agents for proving that sometimes, the weakest link isn’t the blockchain, but the human behind the screen!
Key Points:
- Coinbase’s data breach was orchestrated by bribed TaskUs support agents.
- The breach was discovered in January 2025, but Coinbase went public four months later.
- Stolen data included sensitive info like user names, emails, and partial financial details.
- Threat actors demanded a $20 million ransom, which Coinbase countered with a reward offer.
- TaskUs ceased operations in Indore, India, affecting 226 employees, after the incident.
Already a member? Log in here