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Coinbase in Hot Seat: DoJ Probes Explosive Data Breach as User Trust Evaporates

Coinbase in Hot Seat: DoJ Probes Explosive Data Breach as User Trust Evaporates

Published:
2025-05-20 06:00:00
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Coinbase Faces DoJ Investigations After Customer Data Leak

Federal investigators swarm crypto giant after sensitive customer data spills—just when Wall Street thought the sector couldn’t look any shadier.

Subheading: ’Trust us with your keys’ meets ’Oops, we leaked your KYC’

The Department of Justice isn’t buying Coinbase’s ’security-first’ branding after internal systems coughed up client details like a degenerate trader margin-calling. Sources confirm subpoenas already flying as regulators circle the wounded unicorn.

Closing jab: Another win for decentralization—unless you count centralized exchanges hemorrhaging credibility faster than a shitcoin drops 90% from ATH.

|Square

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