Crypto exchange Coinbase hack breaches customer data
Coinbase’s chief legal officer Paul Grewal discusses how the U.S. Securities and Exchange Commission has said it intends to drop the lawsuit against the crypto company on ‘The Bottom Line.’
Coinbase Global’s shares fell more than 7% on Thursday after the crypto exchange said a cyberattack that breached customer account data could cost the company up to $400 million.
The stolen account data – which affected a “small subset of customers” – included names, addresses, phone numbers, emails and government ID images. Passwords and private keys were not compromised, the company said in a regulatory filing on Thursday.
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The online platform,…
