DOJ is investigating Coinbase data breach— Report
Summary
The US Department of Justice is investigating Coinbase's customer service agents in India for accepting bribes to allow criminals access to user data. Coinbase disclosed the breach on May 15, revealing that fired contractors abused their system access to steal account data. The breach led to social engineering attacks on users, with losses up to $400 million. Attackers attempted to extort $20 million from Coinbase, which the company refused. Coinbase is cooperating with the DOJ and law enforcement agencies to pursue criminal charges against those involved. Further developments are expected as the investigation continues.
