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Coinbase Refuses $20M Ransom After Cyber Attack, Faces Up to $400M in Costs

Coinbase Refuses $20M Ransom After Cyber Attack, Faces Up to $400M in Costs

May 16, 2025KryptonaryCryptoCoinbase, Crypto, Cyber Attack, Ransom

Coinbase Hit by Major Cyber Attack Ahead of S&P 500 Entry Just days before its planned addition to the prestigious S&P 500 index, cryptocurrency giant Coinbase has been rocked by a cyberattack that could cost the company as much as $400 million. The attack, which targeted employees and contractors, enabled hackers to impersonate the firm…

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