The US Department of Justice (Doj) initiated an investigation into a significant violation of security at Coinbase, the largest cryptocurrency exchange in the USA.

According to sources who know this matter quoted Through Bloomberg, the penalty department in Washington studies the circumstances of the violation, which caused grave concerns about cyber security in the cryptographic sector.

Coinbase cooperates with a state of grave data violation

Coinbase revealed that the violation consisted of bribing criminal entities in India in order to access confidential customer data. Paul Grewal, Coinbase legal director, It was found:

We have notified and cooperate with the state and other American and international law enforcement agencies and we welcome the pursuit of criminal charges against these bad entities.

Importantly, the exchange of exchange explained that although Coinbase herself is not examined, the statement focuses on criminals involved in violation.

The incident came to featherlight for the first time when Coinbase received E -Mail from an unidentified threat actor on May 11, claiming that he has information about some customer accounts with internal documents. The company provides losses from 180 million to $ 400 million due to cyber attack.

A reward fund of $ 20 million after the ransom is rejected

While the attacker managed to steal some data, including names, addresses and e -mail addresses, the exchange confirmed that login and password certificates were not violated.

IN statement On May 15, Coinbase provided users via the Social Media platform X (previously Twitter) that this would not succumb to the requirements of the attackers. Criminals asked for a ransom of $ 20 million.

Instead of paying the ransom, Coinbase announced the establishment of a fund rewarded in the amount of $ 20 million aimed at encouraging information to arrest and convict persons responsible for the attack.

At the end of trade on Monday, the company’s shares (Coin) were commercial in the amount of $ 263.

A distinguished painting with Dall-E, chart from tradingview.com