Coinbase Faces Data Breach, Declines $20M Ransom Demand

The financial impact of the incident is estimated to range from $180 million to $400 million, influenced by reimbursements and legal proceedings. Coinbase has reported no additional details.

Coinbase Faces Data Breach, Declines $20M Ransom Demand
Benzinga
18 views • May 15, 2025
Coinbase Faces Data Breach, Declines $20M Ransom Demand

About this video

Financial costs from the incident are estimated between $180 million and $400 million, depending on reimbursements and legal outcomes.<br />Coinbase reported no access to passwords, private keys, or funds and continues cooperating with law enforcement on the investigation.

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18

Duration

1:10

Published

May 15, 2025

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