Coinbase Says It's Working With DOJ to Investigate Hack of Customer Data - adtechsolutions

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Coinbase Says It’s Working With DOJ to Investigate Hack of Customer Data



Briefly

  • Coinbase said last week that the hackers who stole the customers’ data were to blackmail them for $ 20 million in Bitcoin.
  • The exchange confirmed on Monday that he was working with the US implementation of the law to capture Cyber ​​-Kriminali.

US Crypto Exchange Coinbase’s biggest Monday said to work with law enforcement to investigate a recent hack that resulted in stolen customers’ data – with attackers demanding $ 20 million Bitcoin in exchange for his return.

Coinbase confirmed for Decipher to help the Feds after the event, which he discovered last week, and shared a statement by Chief Director Paul Grewal. Confirmation followed after a report on Monday from Bloomberg Noticing that the US Ministry of Justice opened an investigation into the attack, citing the person you introduce to the move.

Coinbase last week said These criminals sent a company to a letter that requires a huge sum of cryptocurrencies in exchange for stolen data. Instead, Coinbase co-founder and CEO Brian Armstrong offered the same amount as a fortune for help in capturing criminals.

“We have notified and cooperate with the Doy and other US and international laws for the Implementation of the Law, and we welcome the implementation of the Criminal Complaints Act against these bad actors,” Grewal said in a statement on Monday.

Coinbase refused to comment on. Decipher He reached out to the impression for comment, but he did not immediately get an answer.

The largest American crypto exchange last week said that no funds, passwords or private keys were threatened in Hak.

Executive Director of Exchange, Brian Armstrong, said in a video statement published On X that the exchange “took a prize of $ 20 million for all the information that led to the arrest and beliefs of these attackers.”

San Francisco, Coinbase based in California, allows users to buy, sell and bet on the future cost of cryptocurrencies.

The exchange was published in 2021 and is now traded on Naddaq under the coined coin. Coin recently traded for $ 264 per share after almost 1% drop a day.

Coinbase was added to the S&P 500 on Monday, as announced last week, leading to almost 14% of the price increase in the last five trade days.

Edited Andrew Hayward

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