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.

Benzinga18 views1:10

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

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Published
May 15, 2025

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