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Coinbase expects up to $400 million hit from cyber attack.

crypto :: 2025-05-15 :: source - reuters

By Reuters

(Reuters) - Crypto exchange Coinbase (COIN.O) said on Thursday it expects to incur between $180 million and $400 million in costs related to a cyber attack.

The company said account data including names, addresses and emails were stolen for a "small subset" of its customers, but the attackers did not get access to login credentials or passwords.

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"We will reimburse customers who were tricked into sending funds to the attacker," Coinbase said.

Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli

Source: Reuters
A representation of the cryptocurrency is seen in front of Coinbase logo. REUTERS/Dado Ruvic


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