Coinbase Says Criminals Stole Customer Data, Offers $20M Bug Bounty

Coinbase (COIN) has confirmed that cyber criminals "bribed and recruited" a group of rogue support agents that facilitated the theft of user data.The crypto exchange added in a blog post that it will "reimburse customers who were tricked into sending funds to the attacker." It has also offered a $20 million bug bounty for anyone that provides information leading to an arrest.The confirmation of cyber criminal activity comes three months after on-chain sleuth ZachXBT claimed that Coinbase users had lost $300 million to social engineering scams source: https://www.coindesk.com/business/2025/05/15/coinbase-says-criminals-stole-customer-data-offers-20m-bug-bounty