Coinbase breach linked to customer data leak in India, sources say
Source: Reuters
Coinbase breach linked to customer data leak in India, sources say
Raphael Satter
Updated Mon, June 2, 2025 at 3:09 PM EDT·2 min read
WASHINGTON (Reuters) -Cryptocurrency exchange Coinbase (COIN) knew as far back as January about a customer data leak at an outsourcing company connected to a larger breach estimated to cost up to $400 million, six people familiar with the matter told Reuters.
At least one part of the breach, publicly disclosed in a May 14 SEC filing, occurred when an India-based employee of the U.S. outsourcing firm TaskUs was caught taking photographs of her work computer with her personal phone, according to five former TaskUs employees.
Three of the employees and a person familiar with the matter said Coinbase was notified immediately.
The ex-employees said they were briefed on the matter by company investigators or colleagues who witnessed the incident in the Indian city of Indore, noting that the woman and a suspected accomplice were alleged to have been feeding Coinbase customer information to hackers in return for bribes.
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