Coinbase estimates up to $400M in customer payouts after data breach

1 month ago 3
Coinbase Releases Third-Quarter Financial Results

Leon Neal/Getty Images News

Coinbase Global (NASDAQ:COIN) expects to pay $180M-$400M in reimbursements and remediation after a recent data breach exposed sensitive customer information and led to users being tricked into sending funds to the attackers, it said on Thursday.

On May 11, the crypto

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