🚨 COINBASE HACK WAS AN INSIDER JOB
Coinbase says a former support agent was arrested in Hyderabad, India
• Breach happened in May 2025
• Hackers bribed overseas support staff to misuse internal access
• No code or blockchain exploit involved
• Customer data was accessed (not private keys)
• Attackers demanded a $20M ransom, which Coinbase refused
• Coinbase estimates up to $400M in response costs
• CEO Brian Armstrong says more arrests are expected
This shows, the easiest exploit is always human. 👀