Tag: Phishing

Coinbase Hit by $20M Extortion Attempt: Insider Phishing Attack and $400M Reimbursement Plan

Coinbase faces a potential $400 million bill after a phishing attack orchestrated by bribed overseas support agents compromised user data. The exchange refused to pay a $20 million ransom and instead offered a reward for the attackers’ capture. Learn about the details of the breach, Coinbase’s response, and the growing threat of social engineering scams in the crypto space.