Hackers Have Stolen Sensitive Customer Data From Crypto Exchange Coinbase and Are Demanding a Ransom or $ 20 Million (Converted to € 17.9 Million). The Largest US Trading Platform for Cryptocurrencies Says It Will not Pay the Ransom.
Coinbase reports that criminals bribed customer service employees to provide data such names, addresses, and copies of identification.
The Hackers Used This Data To Approach Customers And Pose As Coinbase Employees. They tried to convince customer to transfer their cryptocurrencies.
The Attackers would keep their action quiet if coinbase paid the ransom, but the company refuses to do so. However, The Crypto Exchange has promised to compensate customer who have lost their cryptocurrencies. Accordance to the Company, this groups less than 1 percent of monthly active users.
The announcement of the hack has cost coinbase dearly: The Company’s share price fell by more than 4 percent. Coinbase is offering $ 20 million for the golden tip that leads to the judgment of the response criminals.
Coinbase Acquired the Dutch Digital Currency Company Deribit Last Week. The acquisition Involved Approximately 2.6 Billion Euros.