After the data breach, Coinbase lawsuits have increased the difficulties of the crypto exchange. Despite being among the top crypto platforms with a high budget for security, the exchange faced a data breach on May 15, affecting millions of its customers. Amid compromised data, the users have filed a wave of lawsuits. Let’s discuss. 6 Coinbase Lawsuits Filed Past the Data Breach The crypto exchange disclosed the data breach news on May 15 after attackers bribed several Coinbase customer support staff to provide access to the users’ data. With that, users’ personal information, including names, addresses, phone numbers, driving licenses, passports, transaction history, email addresses, and even the last digits of their special security numbers, was compromised, resulting in multiple Coinbase lawsuits. The cybercriminal has asked for a reason of $20 million, which the exchange has refused to pay. As a result, six lawsuits were filed between May 15 and… Read More at Coingape.com

The post What’s Happening With Coinbase: Wave of Lawsuits After Data Breaches appeared first on CoinGape.

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