Coinbase says it works with Doj to investigate the hack of customer data

America’s greatest crypto exchange Coinbase said on Monday that it cooperates with law enforcement to investigate a recent hack that led to customer data being stolen – with the attackers who demanded $ 20 million at $ 20 million Bitcoin In exchange for the return.

Coinbase confirmed to Decrypt That it helps the FBI after the event, which announced it last week, and shared a statement by Chief Legal Officer Paul Grewal. The confirmation came after a Monday report of Bloomberg Note that the US Department of Justice had opened an investigation into the attack, with reference to a person who is familiar with the move.

Coinbase said last week that criminals sent the company a letter that demanded the enormous sum of crypto in exchange for stolen data. Instead, Coinbase co-founder and CEO Brian Armstrong offered the same amount as a premium to catch the criminals.

“We have made a report and work together with the DOJ and other American and international law enforcement agencies, and welcome the pursuit of criminal prosecution against these bad actors,” Gewal said in Monday’s statement.

Coinbase refused to comment further. Decrypt Provided to the Doj for comment, but did not immediately receive a response.

The biggest crypto exchange of America last week said that no funds, passwords or private keys were compromised in the hack.

The CEO of the Exchange, Brian Armstrong, said in a video report on X that the stock market “released a prize of $ 20 million for all the information that led to the arrest and conviction of these attackers.”

In San Francisco, California -based Coinbase, users can buy, sell and bet the future price of cryptocurrencies.

The exchange became public in 2021 and is now acting on the Nasdaq under the Ticker Munt. Coin was recently traded for $ 264 per share after a decrease of almost 1% in the day.

Coinbase was added to the S&P 500 on Monday, as announced last week, which led to a price increases of almost 14% during the last five trading days.

Published by Andrew Hayward