The post Michael Arrington Warns Coinbase Hack Could Lead to Deaths – Here’s Why appeared first on Coinpedia Fintech News
In a shocking security lapse, a recent data breach at Coinbase – the world’s third-largest cryptocurrency exchange – has ignited serious safety concerns. Hackers reportedly accessed highly sensitive user data, including residential addresses, sparking fears of real-world violence amid a surge in crypto-related crimes in 2025.
Although the breach affected less than 1% of monthly transacting users, the fallout is steep. Coinbase could be staring down as much as $400 million in reimbursement – but the potential “human cost” may be far worse.
“People Could Die”: Michael Arrington Blasts Coinbase
Michael Arrington, TechCrunch founder and Arrington Capital head, slammed Coinbase on X for a data breach exposing addresses and balances, potentially causing deaths.
“Very disappointed in Coinbase right now. Using the cheapest option for cu
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