US justice department to investigate the data breech of exchange

The coinbase hack saga continues after the development of a breakdown about the US Justice Department’s plans to open an investigation into data violations against the top crypto exchange. It follows the company’s start on S&P 500, in which the coin stops the day in the stock price red.

US justice department to investigate coinbase hack

according to a Bloomberg reportThe US DOJ has investigated the recent data breech in the Crypto Exchange Coinbase. Investigators involved in the criminal division of the department in Washington are allegedly digging in incidents that led to breech.

As Cooingpe reported last week, Top crypto exchange Had to face a cyber attack. Criminals bribed and recruited foreign customer service agents to allegedly reach users’ personal data.

The company claimed that hackers did not get access to any sensitive data. Meanwhile, the exchange promised to reimburse the affected customers of coinbase hack. Additionally, he launched a reward of $ 20 million to track the exploiters, who blackmailed them for the above amount in exchange for not releasing the data.

Coinbase Data Breech impressed top officials, including Rolloff Botha of Seven CapitalMeanwhile, Exchange Benns and Crackon reportedly faced similar incidents. Crypto has gone to work after a millionaire hack to hire the bodyguard. The exchange is also facing six cases due to compromised user personal data.

Exchange debut on S&P500

Amidst the launch of investigation in coinbase hack, exchange started S&P 500 Today, this milestone became the first and only crypto company to achieve this milestone. Coingpe stated last week that the search would replace financial services after the Crypto Exchange Capital Forest.

Despite the onset, the coin stock price shut down the day in red, traded at about $ 263. Stock rebounded this price last Friday after the accident on 15 May due to the ongoing SEC investigation in alleged misleading user numbers in the report of data breech and previous revelations.

Paul Grewal, the Chief Legal Officer of the Exchange, confirmed that he was collaborating with the SEC in the investigation, although he believes it should not be released. Meanwhile, about the coinbase hack, Grewal also revealed that he had informed and working with DOJ and other US and International Law Enforcement agencies.

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Boluvatif edemy

Boluvatif Ademi is a well -veteran crypto news writer and editor who has covered many subjects and Niches cuts in Niches. The most technical concepts in Boluvatiff are a habit to simplify and make Crypto neobis easier to understand. Away from writing, he is a fond Chawla basketball lover, a passenger and a part -time Digen.

Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.


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