The Inside Story of the Coinbase Data Breach: Indian Call Centers and a Teen Hacker Gang Coinbase co-founder and CEO Brian Armstrong speaking at an event in Bangalore, India, in 2022. On May 15, 2025, Coinbase disclosed that tens of thousands of its customers' personal data had been stolen—marking the company's largest security incident in history, with estimated losses reaching up to $400 million. What makes this breach particularly notable is not just its scale but the hackers' method: brib...

The Inside Story of the Coinbase Data Breach: Indian Call Centers and a Teen Hacker Gang Coinbase co-founder and CEO Brian Armstrong speaking at an event in Bangalore, India, in 2022. On May 15, 2025, Coinbase disclosed that tens of thousands of its customers' personal data had been stolen—marking the company's largest security incident in history, with estimated losses reaching up to $400 million. What makes this breach particularly notable is not just its scale but the hackers' method: brib...