$400M Coinbase breach uncovered: Indian call center staff layoffs & teen hackers exploit gap.

Coinbase disclosed in May 2025 that attackers had bribed and socially engineered a small group of overseas customer-support contractors to obtain sensitive customer data, affecting about 69,000 users and creating an estimated remediation cost of $180 million to $400 million. The company said no passwords, private keys, or customer funds were directly accessed, but the stolen data included names, email and physical addresses, phone numbers, masked Social Security and bank account numbers, government ID images, and account activity history, which were then used in impersonation and phishing scams.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• $400M Coinbase Breach: A Stark Reminder of Crypto Security's ... (binance.com)
• Coinbase Reveals Insider Bribery Scheme Led to Data Breach ... (securityinfowatch.com)
• Coinbase 2025 Data Breach: Contractor Arrested in India, $400M ... (openexo.com)
• How Coinbase's $400M Breach Began in an Indian Call Center (reco.ai)
• Coinbase Data Breach 2025: The $400M Wake-Up Call - Zyphe (zyphe.com)

Explore the topic

• Exploit
• Hacker
• Coinbase