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Coinbase Insider Breach Exposed: How $400M Vanished from Crypto Giant
Coinbase Insider Breach Exposed: How $400M Vanished from Crypto Giant
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Inside job rocks crypto exchange—trust evaporates faster than altcoin gains.
The Setup
An employee with system access orchestrated one of the largest exchange breaches in history. No sophisticated hacking required—just privileged credentials and malicious intent.
The Execution
Transfers flew under radar controls, bypassing multiple security layers. Internal alerts stayed silent while funds flowed to untraceable wallets.
The Fallout
Coinbase scrambles to patch vulnerabilities while regulators circle. Another reminder that in crypto, the biggest risks often wear employee badges.
Because nothing says 'financial revolution' like a good old-fashioned inside heist—Wall Street would be proud.
In the latest update on the $400 million Coinbase hack, a court filing has revealed that an insider played a role in the breach. A dishonest customer support agent in India accepted a bribe from cybercriminals to access internal system... Read More
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