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Coinbase Sat on User Data Breach for 5 Months—Regulators Left in the Dark
Coinbase Sat on User Data Breach for 5 Months—Regulators Left in the Dark
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When security fails, transparency follows... eventually. A bombshell report reveals America’s crypto giant knew about a major leak as early as January—yet customers only learned about it alongside everyone else this week.
Corporate damage control 101: Delay, deny, dilute. Classic Wall Street playbook—just with blockchain buzzwords.
The breach itself? Standard stuff. Names, emails, the usual digital breadcrumbs. The real scandal? Five months of radio silence while ’trustless’ systems proved all too trusting.
Regulators are now circling. Because nothing inspires confidence like reactive oversight chasing yesterday’s fires.
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