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Coinbase Hit By Data Breach, Refuses To Pay $20M Ransom, Does This Instead

B
Benzinga

18 Views • May 15, 2025

Description

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.