Coinbase extorted for $20M. Support staff bribed. Customers scammed. One hell of a breach disclosure

Discussion in 'privacy problems' started by stapp, May 15, 2025 at 12:37 PM.

  1. stapp

    stapp Global Moderator

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    https://www.theregister.com/2025/05/15/coinbase_extorted_for_20m_support/
     
  2. ronjor

    ronjor Global Moderator

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    Coinbase Offers $20m Bounty to Take Down Cybercrime Ring Behind Hack
     
  3. Palancar

    Palancar Registered Member

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    Oct 26, 2011
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    I love Coinbase's stance on this. Everybody (customers) are whole. Somebody knows a few of these bad actors. Imagine the temptation to be offered 20 Million to turn in the bad actors even if they are family or friends. I don't know if I could trust my very best friend with my well being if they could get 20 Million for turning me in for a crime. I doubt it will be too long before the domino trail falls.
     
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