Coinbase reel with a cost of $ 400 million in data leakage

CoINBASE is out of the S & P 500 Index a few days before the cost of $ 400 million in internal data violations.

The company said that an external actor breathe a “contractor or employee” to access internal systems and sensitive customer data. The attackers then tried to rob the $ 20 million on the exchange and threatened to leak damaged information.

Coinbase said he did not pay the ransom and said that less than 1% of the monthly trading user data was influenced by the attack. Coinbase also fired a contractor related to violations.

Coinbase recently said that it will repay users who have lost their funds, according to Securities and Exchange Commission (SEC).

Coinbase (Coin) has a growing concern about violations on Thursday, and a new SEC survey on whether the company misunderstood the investor ahead of 2021 IPO plunged to $ 244.44.

The exchange that was set up to join the S & P 500 index on May 19 was the largest encryption brand by the scholars in 2024. data In mailsuite.

https://t.co/Evpibmfvrw pic.twitter.com/F6UPDKL5R0

-Brian Armstrong (@brian_Armstrong) May 15, 2025

The SEC investigates Coinbase for investors who are potentially misleading before the 2021 IPO.

The addition of Crypto Exchange’s criticism is the New York TIMES report It was released In 2021, the investigation of the incorrect guidance of investors and increasing the number of users is expected to debut in 2021.

The major encryption exchange in the United States is called a “suspension investigation” by the former fixed administration, which has neglected the investigation by the financial regulatory agency.

Sec is turned on Coinbase The “more than 100 million users” claims in marketing and IPO documents in 2021. Coinbase stopped reporting this metrics in 2022. filing With the SEC show.

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