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DOJ Investigates Cyberattack on Coinbase

DOJ Investigates Cyberattack on Coinbase

Source: theblock.co5/19/2025

The U.S. Department of Justice is investigating a cyberattack on Coinbase, where hackers attempted to extort $20 million by threatening to leak stolen customer data. Despite the breach, attackers did not access customer funds or key systems. The incident affected less than 1% of users. Coinbase is cooperating with law enforcement to pursue charges against the criminals. Wall Street views the incident as a minor issue, with some analysts considering it a buying opportunity for Coinbase stock.