#CryptoRegulation

Coinbase was hacked.

Up to $400 Million at Risk!

Big trouble just hit Coinbase, one of the world’s biggest crypto exchanges. Hackers found a way to steal personal info from about 84,000 users by bribing a customer support worker overseas. This may cost Coinbase up to $400 million!

The stolen data includes names, addresses, phone numbers, and government ID photos. Luckily, no passwords, private keys, or crypto funds were taken. But the danger is real—and the damage is big.

The hackers tried to demand $20 million in ransom. But Coinbase CEO Brian Armstrong refused to pay. Instead, he launched a $20 million bounty to help catch the criminals behind this attack.

Coinbase promises to fully refund any affected users and is working with police to track down the hackers. The company is also making its internal security stronger to stop this from happening again.

This shocking cyber-attack is a loud wake-up call for the crypto world—even the biggest players can be hit hard. Stay alert, stay protected!#binacepizza $BTC