The post Coinbase Breach Traced to $200-Per-Image Insider Scheme appeared on BitcoinEthereumNews.com.

Newly released court documents have shed light on the Coinbase data breach. A major suspect has been identified in the exploit, which the exchange revealed had impacted ‘less than 1%’ of its monthly active users. According to court documents, employees at a Coinbase outsourced customer service firm, TaskUs, allegedly stole sensitive customer information. This included Social Security numbers, bank account details, and more. Sponsored Sponsored Court Documents Reveal Insider Plot Behind Coinbase Data Breach  The incident came to public attention in May 2025. At the time, Coinbase disclosed that attackers bribed rogue support agents to access user data. BeInCrypto reported that the bad actors demanded a $20 million ransom.  The exchange declined to pay it and instead announced a $20 million bounty for information that could help identify and prosecute those behind the attack. Now, the amended class action complaint, filed in the US District Court for the Southern District of New York, traces the breach back to TaskUs. It is a business process outsourcing company that Coinbase used for customer support.  “According to personnel knowledgeable of the data breach, in 2024, criminal actors began a campaign of outreach to target and recruit TaskUs employees to join a conspiracy to exfiltrate PII of Coinbase users so that those criminals could steal cryptocurrency assets held by those users. As early as September 2024, TaskUs employee Ashita Mishra joined the conspiracy by agreeing to sell highly sensitive Coinbase user data to those criminals,” the filing reads. Beginning in September 2024, a TaskUs employee in India, Ashita Mishra, allegedly started photographing sensitive customer records. Mishra then sold the stolen data to outside hackers for roughly $200 per image. The breach’s extent was vast.  When TaskUs discovered the breach in early January 2025, Mishra’s phone alone held data on more than 10,000 Coinbase customers.…

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Filed under: News - @ September 17, 2025 2:28 pm