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TechCrunch Founder: Coinbase Data Breach May Endanger User Personal Safety, Executives Should Be Held Legally Responsible

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吴说
341Words
May 20, 2025

Wu Shuo learned that Michael Arrington, founder of TechCrunch, tweeted that the address and account information leaked in the Coinbase hacking incident may have posed threats to users' personal safety. He believes that the social costs and security risks resulting from the incident may far exceed Coinbase's estimated compensation cost of approximately 400 million USD. He also called for legal accountability for company executives who failed to properly protect user information, including criminal penalties. At the same time, he criticized Coinbase for being too frugal in customer service, ultimately shifting the risk to users.

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