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Coinbase Investigates Hack With DOJ

Coinbase Collaborates with DOJ After Hackers Demand $20M in Bitcoin

  • Hackers stole customer data from Coinbase and demanded $20 million in Bitcoin.
  • Coinbase is working with the U.S. Department of Justice to investigate the hack.
  • No funds, passwords, or private keys were compromised during the breach.
  • CEO Brian Armstrong offered a $20 million bounty for information leading to the attackers’ arrest.
  • Coinbase was recently added to the S&P 500, boosting its stock price by nearly 14% over five days.

Coinbase confirmed it is cooperating with law enforcement after hackers demanded a $20 million Bitcoin ransom for stolen customer data. CEO Brian Armstrong has offered an equivalent bounty for information leading to their capture.

Source (2.6)https://decrypt.co/320948/coinbase-doj-investigate-hack-customer-data?rand=52368
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