Coinbase security history & breach response

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Coinbase terminated over 200 TaskUs employees after the breach, created a $20 million reward fund to identify the attackers and disclosed that stolen data included transaction histories and internal documents, but not passwords or wallet access
Coinbase suffered a data breach involving bribed TaskUs support staff, exposing data of nearly 70,000 users including names, contact info, masked Social Security numbers and ID images, while attackers demanded a $20 million ransom that Coinbase refused
Coinbase refused to pay a $20 million ransom following its January 2025 data breach, instead investing in enhanced customer protection, insider-threat detection systems and a new US-based customer support hub

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