Hackers Battle Coinbase: Cyber Clash Unfolds

$𝟐𝟎𝐌 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐑𝐚𝐧𝐬𝐨𝐦 𝐯𝐬. 𝐂𝐨𝐢𝐧𝐛𝐚𝐬𝐞: 𝐖𝐡𝐚𝐭 𝐖𝐨𝐮𝐥𝐝 𝐘𝐎𝐔 𝐃𝐨?
On May 11, 2025, Coinbase was hit with a threat that would shake any business: “𝐏𝐚𝐲 $𝟐𝟎𝐌 𝐢𝐧 𝐁𝐓𝐂 𝐨𝐫 𝐰𝐞 𝐥𝐞𝐚𝐤 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠.”

Insiders, social engineering, phishing… it was a masterclass in cyber exploitation.

👉 See how Coinbase responded
💰 Why they offered a $20M reward instead
⚠️ What every business can learn from this attack

𝐒𝐰𝐢𝐩𝐞 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧 - 𝐭𝐡𝐞𝐧 𝐭𝐞𝐥𝐥 𝐮𝐬: 𝐖𝐨𝐮𝐥𝐝 𝐲𝐨𝐮
𝐩𝐚𝐲 𝐭𝐡𝐞 𝐫𝐚𝐧𝐬𝐨𝐦?

1. ai INFOSECT RAIN

Hackers vs. Coinbase
The $20M Bitcein
Ransom Standoff!

2. ta INFOSEC

On May 11, 2025, Coinbase received a chilling message:

“We have your data. Pay $20M in BTC
or we release everything.”

Data, documents, and internal systems
- compromised.

3. "a INFOSEC

Insider compromise suspected
Bribery of contractors & employees

Social engineering + data exfiltration

A perfect blend of technical & human vulnerability.

4. INFOSEC

Less than 1% of user data breached
Phishing campaigns mimicking Coinbase

Potential $400M financial impact

Trust, reputation, and regulation at risk

5. INFOSEC

No ransom paid
Law enforcement engaged

$20M reward offered for intel on attackers

Pledges to reimburse affected customers

6. "a INFOSEC

Never underestimate the insider threat

Treat employee awareness as a frontline defense

A proactive incident response plan is a must-have

7. INFOSEC

If your business was hit like this,

Would you pay the ransom?

Or stand firm like Coinbase?

Y Share your thoughts in the commen

8. FOUND THIS USEFUL?

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