I read a comment on X by someone under Brian Armstrong's post – "Maybe spend extra money and hire Americans to service Americans moving forward.
Customer service is incredibly important, especially when money is involved."
Interesting to say the least.
https://web.ourcryptotalk.com/news/coinbase-breach-leads-to-arrest-in-india
Posted by ourcryptotalk
2 Comments
tldr; A former Coinbase support contractor in India was arrested in connection with a May 2025 data breach. Hackers bribed staff outside the U.S. to access sensitive customer data, demanding a $20 million ransom. The breach could cost Coinbase up to $400 million in damages. The arrest followed cooperation with U.S. authorities, and additional arrests may occur as investigations continue. The incident highlights vulnerabilities in third-party support channels and the need for tighter security measures in the crypto industry.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Yay? That still does nothing for customer money loss, exposed private info, and security.