Coinbase Legal Challenges

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Coinbase says cyberattack cost up to $400 million

Coinbase Says Cybercriminals Stole Customer Data, Sought Ransom

Coinbase Global said Thursday that it has refused to pay a $20 million ransom demand from cybercriminals who bribed the company’s overseas customer support agents to steal sensitive user data.The cryptocurrency exchange estimated that the incident could cost from $180 million to $400 million,

MarketWatch on MSN · 11h

Coinbase says cyberattack cost up to $400 million after bribed overseas employees stole customer data

Coinbase said customer passwords and private keys were protected by its systems, and “at no time were any of the targeted contractors or employees able to access customer funds.”

ABC · 21h

Coinbase says cyber crooks stole customer information, demanded $20M ransom payment

Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly

SEC, Coinbase

Crypto News · 4h

SEC Probes Coinbase Over Misrepresentation of User Data

Coinbase’s chief legal officer indicated the SEC's investigation is outdated, as the disputed metric was dropped two and a half years ago.

Crypto2Community · 1h

SEC Probes Coinbase Over Old User Metrics Amid Insider Breach Fallout

The SEC probes Coinbase over old user metrics while the company faces fallout from an insider breach and rising legal challenges

TheStreet on MSN · 15h

SEC is investigating whether Coinbase misstated user numbers: Report

The SEC is reportedly investigating Coinbase over claims it overstated user numbers in past filings — just days before its entry into the S&P 500.

20h

Coinbase faces $400 million cyberattack blow ahead of S&P 500 debut

Coinbase said hackers had paid multiple contractors and employees working in support roles to collect information. It has ...

14hon MSN

Trump’s crypto ties ‘add a certain level of challenge’ to passing bills — Coinbase exec

Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around ...

Cryptopolitan on MSN13h

Coinbase hit by revived SEC probe as stock sheds monthly gains in single-day drop

A New York Times report has disclosed that the US Securities and Exchange Commission (SEC) is investigating Coinbase. The report published on May 15 stated ...

California crypto platform hacked: Multi-million dollar ransom threatens thousands of users

Coinbase, the largest cryptocurrency exchange platform in the United States, is grappling with one of the most serious ...

14hon MSN

Coinbase estimates cyberattack could cost crypto exchange up to $400M

Coinbase Global shares fell on Thursday after the crypto exchange said a recent cyberattack that breached customer account data could cost up the company up to $400 million.

Coinbase Says Bribed Workers Leaked Data to Hacker Seeking $20 Million in Ransom

Coinbase Global Inc. said hackers bribed contractors or employees outside the US to steal sensitive customer data and ...

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