🚨 Coinbase breach hits 69,461 users—$400.00M in potential reimbursement after customer data was stolen via insider-enabled social engineering. Attackers demanded $20M in crypto ransom. Breach began in December, but wasn’t detected until May.

Hard truths for a company that prides itself on compliance but missed basic internal controls.

#Coinbase #CryptoSecurity #DataBreach #Web3Risks