Coinbase Data Leak Affects 69000 Users

Coinbase Data Breach Affects Over 69,000 Users

• Coinbase disclosed a data breach affecting over 69,000 users due to insider access.
• The breach occurred in late December 2024 and was detected on May 11, 2025.
• Affected users are offered one year of free credit monitoring and identity protection through IDX.
• The attackers demanded a $20 million ransom; Coinbase is offering a $20 million bounty for information leading to arrests.
• Compromised data includes sensitive personal information but not private keys or direct account access.
• Lawsuits have been filed against Coinbase for inadequate security measures.

Coinbase’s data breach impacted over 69,000 users and led to lawsuits alleging insufficient security measures. The company offers affected individuals free credit monitoring and seeks information on the perpetrators with a $20 million bounty. Private keys remain secure despite the breach.