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Coinbase on Thursday reported that cybercriminals bribed overseas support agents to steal customer data to use in social engineering attacks. The incident may cost Coinbase up to $400 million to fix, the company estimated.
The crypto exchange operator received an email on May 11 from someone claiming they obtained information about certain Coinbase customer accounts as well as other internal Coinbase documentation, including materials relating to customer service and account management systems, Coinbase reported in a Securities and Exchange Commission filing.
Although passwords and private keys were not compromised, affected data included sensitive data such as names, addresses, phone numbers and emails; masked bank account numbers and identifiers as well as the last four digits of Social Security numbers; government ID images
CEO:
kyc is criminal activity and terrorism
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insiders to copy data in our customer support tools for less than 1% of Coinbase monthly transacting users.
cool, so only like 100k people.
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Whether people like it or not they must be force to hold their own keys. As the world converges on bitcoin, hackers will descend on exchanges like bee swamps.
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KYC is shitcoinery
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