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Here's a Reuters report from June 2, which includes a link to a May 14 SEC filing: > Cryptocurrency exchange Coinbase knew as far back as January about a custo
by AlexErrant 11mo ago
Here's a Reuters report from June 2, which includes a link to a May 14 SEC filing:
> Cryptocurrency exchange Coinbase knew as far back as January about a customer data leak at an outsourcing company connected to a larger breach estimated to cost up to $400 million, six people familiar with the matter told Reuters.
https://www.reuters.com/sustainability/boards-policy-regulation/coinbase-breach-linked-customer-data-leak-india-sources-say-2025-06-02/ https://www.reuters.com/sustainability/boards-policy-regulat...
> On May 11, 2025, Coinbase, Inc., a subsidiary of Coinbase Global, Inc. (“Coinbase” or the “Company”), received an email communication from an unknown threat actor claiming to have obtained information about certain Coinbase customer accounts, as well as internal Coinbase documentation, including materials relating to customer-service and account-management systems.
https://www.sec.gov/Archives/edgar/data/1679788/000167978825000094/coin-20250514.htm https://www.sec.gov/Archives/edgar/data/1679788/000167978825...
- jclarkcom 11mo agoVery interesting... January 7th is when I reported it to them so that lines up. I suspect I wasn't the very first person, the person I spoke with on the phone had the confidence I wouldn't expect on the first try.
- j-bos 11mo ago> an outsourcing company From what I've seen, this is going to be a common subheading to a lot of these stories.
- johnebgd 11mo agoBusiness process outsourcing firm most likely (BPO). They get contracts for every kind of company you’ve ever heard of, lie about their cybersecurity practices, and then rebrand if they get caught.
- ChrisMarshallNY 11mo agoSound like rich targets for hacking.
- Hobadee 11mo agoWhy go through the time and effort of hacking them when you can apparently just slip them some money and get what you want?