According to Bloomberg, Coinbase Global Inc. CEO Brian Armstrong @brian_armstrong said a former customer support agent has been arrested in India. Months earlier, hackers had bribed support staff to gain access to customer information.

In May, Coinbase disclosed that hackers bribed overseas contractors or employees to steal sensitive customer data and demanded a $20 million ransom. The incident was one of the most high-profile security breaches in the crypto industry, with remediation costs estimated to reach up to $400 million.

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