Archive · 5 Jun 2025
Coinbase User Data Breached by TaskUs India Staffers
Two workers at TaskUs, a company that helps Coinbase, did something wrong.
They looked at the private info of Coinbase users without permission.
They were part of a bigger group trying to cause trouble for Coinbase.
This means they weren't acting alone.
The stolen information included names, addresses and account data.
Coinbase is working to fix the problem, which could cost them a lot of money.
TaskUs has fired the workers and stopped some operations in India.
Two TaskUs employees in India illegally accessed Coinbase user data.
The employees were part of a larger criminal operation targeting Coinbase.
The affected data included names, addresses, and account information.
Coinbase estimates remediation costs could reach $400 million.
TaskUs terminated the involved employees and ceased Coinbase operations in Indore.
- Who
- Two India-based TaskUs employees and a larger criminal operation.
- What
- Illegal access of Coinbase user data.
- When
- December 2024 (data accessed)
- Where
- India
- Why
- To target Coinbase and access user information.
- Company
- Coinbase, TaskUs
- Location
- India
- Affected Data
- Names, addresses, phone numbers, emails, masked social security numbers, and account data
- Estimated Remediation Costs
- $180 million to $400 million (Coinbase estimate)
