DOJ Investigates Coinbase Breach Bribery Scandal

DOJ Initiates Criminal Investigation into Coinbase Security Breach

• The U.S. Justice Department has launched a criminal probe into a security breach at Coinbase Global Inc.
• Coinbase is identified as the nation’s leading cryptocurrency exchange.
• Intruders compromised customer support staff and third-party contractors in India.
• Sensitive user information was accessed illicitly during the incident.

The U.S. Justice Department is investigating a security breach at Coinbase, where intruders gained unauthorized access to sensitive user data by compromising employees and contractors in India.