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.
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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.
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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