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This is related to a data breach case with estimated losses reaching up to $400 million. On June 2 of last year, according to a Reuters report, six informed sources revealed to Reuters that Coinbase had known as early as January of last year about a user data breach at TaskUs, its customer service outsourcing provider. An employee at the company’s customer service center in Indore, India, was found using their personal mobile phone to photograph their work computer and was suspected of selling Coinbase user data to hackers along with an accomplice. The hackers used this information to impersonate Coinbase employees, defraud victims of their cryptocurrency, and demand a $20 million ransom from Coinbase for the user data. However, after such a severe security incident, while Coinbase has made…# Analysis# MarketPre
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