Coinbase CEO reacts to $20 million Bitcoin ransom and customer data attack

#BinanceAlphaPoints #SaylorBTCPurchase BinanceAlpha$1.7MReward#BinanceTGEAlayaAI Yesterday, May 15, Coinbase CEO Brian Armstrong took to X platform to address a recent cyberattack, which targeted customer data and resulted in a $BTC 20 million Bitcoin ransom demand. As stated by Armstrong in his video message to the community, it all started with a threatening email from hackers claiming to have sensitive information on Coinbase customers. In exchange for not releasing the information, the malefactors demanded $20 million in Bitcoin. The CEO refused to pay the ransom and turned things around by offering a $20 million award for any information leading to the arrest and conviction of the attackers. The breach was traced back to bribed overseas support agents, who accessed personal data like names, dates of birth and addresses. Even though passwords, private keys and funds were not compromised, the obtained data was used for social engineering scams to trick customers into transferring money. As part of its response, Coinbase enhanced security measures, relocated some support operations and offered full reimbursements to affected customers