Coinbase Offers Major Reward for Information Leading to Cyber Extortionists

Coinbase, a leading US-based cryptocurrency exchange, has declared a significant reward of $20 million for valuable information that leads to the arrest of individuals or groups responsible for extorting them. This follows a cyberattack where less than 1% of Coinbase users’ data was compromised, and extortionists demanded Bitcoin ransom in exchange for not releasing stolen information.