The US Justice Department is allegedly investigating the contracted customer service agents of the coinbase in India, who accepted the bribe in exchange for permission to allow criminals to access user data.
According to Bloomberg’s report on May 19, the DOJ investigators are looking at the data breech, which was revealed by the Coinbase to the public on 15 May. The exchange reported that a group of customer aid contractors – later fired – “misused their access. […] Systems to steal account data for a small multidar of customers. ,
According to Bloomberg, “We have informed and are working with DOJs and other US and international law enforcement agencies and welcome law enforcement for criminal allegations against these bad actors,” said Paul Grewal, the chief legal officer of the coinbase.
As a result of data breech, social engineering attacks were targeted by coinbase users, including a Sea Capital Partner, which causes a loss of up to $ 400 million. The attackers also attempted to expand $ 20 million from the coinbase in exchange for not disclosing the breech, which the company refused.
Cointelegraph reached coinbase for comment, but did not receive the response at the time of publication.
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This is a developing story, and further information will be added as it is available.