Coinbase is facing sharp criticism and regulatory pressure after confirming a significant data breach that exposed personal information of nearly 70,000 users.
According to a filing with the Maine Attorney General’s Office, the breach affected 69,461 individuals, of whom 217 were residents of Maine. The exchange also stated that the compromise affected less than 1% of its monthly active users.
Last week, the company revealed that a group of overseas support agents, bribed by cybercriminals, had leaked internal data. This sensitive information, including names, contact details, social security numbers, and identity documents, was later used to impersonate Coinbase staff in elaborate social engineering scams that were used to steal millions.
Following the breach, the attackers allegedly attempted to extort $20 million in Bitcoin from the exchange. Although Coinbase refused to pay, the scale of the breach remained unclear until the recent state-level disclosure.
Outdated KYC
Coinbase CE
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