Facing a wave of lawsuits, Coinbase is under fire following a massive data breach that exposed sensitive user information and triggered a $20 million extortion attempt. The exchange, which disclosed a customer support agent bribing scheme behind the incident, has been accused by users of failing to protect their personal data and delaying action in response to the breach. These accusations include inadequate cybersecurity measures and delayed notification to affected users. Coinbase’s response includes plans to reimburse users impacted by phishing scams stemming from the breach and a commitment to spending up to $400 million on user losses. As lawsuits pile up, the legal battle raises crucial questions about data security in the crypto industry. The exchange has already fired several customer support agents in India after their alleged involvement in the attack.