Michael Arrington Criticizes Coinbase Data Leak Impact
- Michael Arrington is a co-founder of Arrington Capital, a Web3 venture capital company.
- Arrington Capital has invested in over 200 projects since 2017.
- Arrington is also an investor in Coinbase.
- The recent data leak involved Coinbase’s customers.
- The financial cost of the leak is estimated at $400 million for reimbursement.
Michael Arrington, co-founder of Arrington Capital and a Coinbase investor, criticized the recent data leak affecting Coinbase customers. He emphasized that the human cost will exceed the $400 million reimbursement figure.
Source (2.6)https://news.bitcoin.com/crypto-millionaire-believes-coinbase-data-leak-will-lead-to-deaths/?rand=52384