Theft of Coinbase Customer Data Probed by Justice Department (1)

May 19, 2025, 9:54 PM UTC

The US Justice Department has opened a probe into a recent breach at the leading cryptocurrency exchange Coinbase Global Inc., according to a person familiar with the matter.

Investigators, including those in the department’s criminal division in Washington, are digging into the circumstances surrounding the breach, said the person, who asked not to be identified discussing the investigation. Coinbase has said the hack involved criminals bribing employees and contractors in India to obtain client data.

A representative for the Justice Department declined to comment.

Coinbase brought the incident to the attention of authorities and the company itself is not ...

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