Archive · 27 Dec 2025

Coinbase Arrests Former Agent in India

Coinbase Arrests Former Agent in India

Coinbase, a big company that deals with cryptocurrency, said that a former employee was arrested in India.

This happened after hackers bribed some employees to get secret information about customers.

The hackers wanted $20 million, and Coinbase thinks it might cost them up to $400 million to fix the problem.

The company's stock price went down a little bit after this news.

The arrest is part of their work with the police to catch the people involved in the hack.

Sources