Coinbase Says It's Working With DOJ to Investigate Hack of Customer Data
Summary
Coinbase is collaborating with law enforcement to investigate a hack involving stolen customer data, with attackers demanding $20 million in Bitcoin. The U.S. Department of Justice has opened an investigation. Coinbase CEO Brian Armstrong offered a $20 million bounty for information leading to the attackers' arrest. No funds, passwords, or private keys were compromised. Coinbase, based in San Francisco, allows cryptocurrency transactions and trades on Nasdaq under COIN. The company was recently added to the S&P 500, resulting in a 14% price increase over five days.
