DOJ is investigating Coinbase data breach— Report
19 Maio 2025 - 6:32PM
Cointelegraph


The US Department of Justice is reportedly conducting a probe
over Coinbase’s contracted customer service agents in India, who
accepted bribes in exchange for allowing criminals access to user
data.
According to a May 19 Bloomberg report, DOJ investigators are
looking into the data breach, which Coinbase disclosed to the public on May 15. The exchange
reported that a group of customer support contractors —
subsequently fired — “abused their access to [...] systems to steal
the account data for a small subset of customers.”
“We have notified and are working with the DOJ and other US and
international law enforcement agencies and welcome law
enforcement’s pursuit of criminal charges against these bad
actors,” said Coinbase’s chief legal officer, Paul Grewal,
according to Bloomberg.
The data breach resulted in social engineering attacks targeting
Coinbase users, including a Sequoia Capital partner, with losses
estimated at up to $400 million. The attackers also attempted to
extort $20 million from Coinbase in exchange for not disclosing the
breach, which the company refused.
Related: New Zealand man arrested in $265M crypto
scam tied to FBI probe
The attempted social engineering attacks have resulted in
Coinbase users filing several lawsuits against the exchange,
alleging that the company mishandled their personal data. One user,
a retired artist named Ed Suman, reported losing $2 million to the scammers.
Cointelegraph reached out to Coinbase for comment but had not
received a response at the time of publication.
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This is a developing
story, and further information will be added as it becomes
available.
...
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