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Coinbase Offers $20m Bounty to Take Down Cybercrime Ring Behind Hack
In a bold move against cybercrime, Coinbase, a prominent cryptocurrency exchange, is offering a $20 million reward to anyone who can help identify and bring down the perpetrators of a recent cyber-attack, rather than succumbing to their ransom demands. Coinbase reported on May 15 that cybercriminals bribed and recruited a group of rogue overseas support agents to steal its customer data and facilitate social engineering attacks. The attackers planned to use the stolen data to…
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