Hackers bribed support staff to steal sensitive customer data from Coinbase.
Delays in reporting the breach may lead to lawsuits and regulatory action.
Critics say Coinbase overlooked warning signs and limited users’ legal options.
Coinbase, one of the largest cryptocurrency exchanges in the world, has officially disclosed a data breach that affected 69,461 users, including sensitive customer information like names, phone numbers, addresses, email IDs, and even government ID images. The breach occurred on December 26, 2024, but was only discovered in May 2025, according to a filing with the Maine Attorney General’s Office.
The breach, attributed to bribed overseas customer support agents, has intensified regulatory concerns and triggered a broader investigation involving the U.S. Department of Justice (DOJ). The breach impacted 217 residents of Maine, but its nationwide implications are much larger.
Insider Threat and Delayed Disclosure
Coinbase said suspicious acti
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