Coinbase Customers’ Personal Data Stolen in Hack, Stock Drops

Compromised information includes bank details, social security numbers, and government ID images.

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York City, on April 14, 2021. Shannon Stapleton/Reuters

The cryptocurrency exchange Coinbase was recently targeted in a hacking incident that led to the personal data of thousands of customers being stolen, the company said in a May 15 statement.

According to a March 31 filing with the Securities and Exchange Commission (SEC), Coinbase had 9.7 million monthly transaction users (MTU) by the end of that month.