Insiders: Coinbase user data breach may have affected its institutional service platform Coinbase Prime
According to Foresight News, according to Bloomberg, Coinbase's user data breach may far exceed the company's estimated loss of $400 million. The company stated that Coinbase Prime, which manages cryptocurrencies for ETF issuers and provides services to other institutional investors, has not been affected, but according to an anonymous source, hackers have indeed accessed some of Coinbase Global's most valuable customer data almost continuously since January. Mike Dudas, Managing Partner of Web3 6MV, stated that this was a significant data breach, with an astonishing amount of personal information leaked, and he himself became a target of Coinbase hackers. This will make people have to consider their personal safety, especially after similar incidents in France and other places. According to insiders, hackers have bribed enough customer service representatives in the past five months to effectively achieve on-demand access to Coinbase customer information. Coinbase Chief Security Officer Philip Martin refuted the almost continuous access claim, stating in an interview with Bloomberg News that the company immediately revoked customer service access rights upon discovering improper information sharing. Therefore, he stated that hackers did not have continuous access throughout the entire period. Bloomberg News has learned that the data of a well-known high net worth individual is being accessed, but due to privacy reasons, Bloomberg will not disclose this person's information. David Jeong, the founder of an encryption project based in New York, said that on April 3rd he received a text message from an unknown number asking him to verify the login information of his personal account. On May 4th, he received another text message from another number. Jeong stated that he has not used Coinbase's one-time password for two years.