Coinbase's Overseas Customer Support Compromised by Hacker, Less Than 1% of Active Userbase's Personal Information Stolen

BlockBeats News, May 15th, according to official Coinbase news, hackers stole a portion of personal information from less than 1% of active users by bribing overseas customer service personnel, but it did not involve passwords, private keys, or funds. Coinbase refused to pay a $20 million ransom and established a $20 million reward fund to track down the attackers. Affected customers who were scammed due to fraud transfers will receive compensation. Coinbase Prime accounts were not affected, and the case is currently under investigation in cooperation with law enforcement.

Coinbase officials estimate they will pay between $180 million and $400 million in compensation for this incident.