Coinbase Overseas Employee Bribery Scheme Could Cost Exchange Over $20 Million
Coinbase turns down $20M ransom demand only to face potential $400M in breach costs. Employee bribery scheme compromised data of 69,000+ customers. The true price of refusing criminals is staggering.
878 Million Bitcoin Transaction Stuns Coinbase as Whale Activity Intensifies
Coinbase faces twin crises: a stunning 878M Bitcoin transaction rumor and a confirmed $400M data breach. The extortion demand oddly matches their reward for the hackers’ capture.
