he U.S. Department of Justice has launched an investigation into a recent security breach at Coinbase Global, the world's largest cryptocurrency exchange, the company reported on Monday.
DOJ is investigating into Coinbase, COIN, customer data theft
5/19/2025
"We have informed the DOJ and are collaborating with them, along with other U.S. and international law enforcement agencies. We fully support their pursuit of criminal charges against the responsible parties," said Paul Grewal, Chief Legal Officer at Coinbase.
"Coinbase is not under investigation by the DOJ; the DOJ is focused on the criminal actors," a source clarified to Reuters on Monday.
Last week, Coinbase disclosed that it received an email from an unidentified threat actor on May 11, claiming to possess information about certain customer accounts and internal documents. The company estimates that the cyberattack could result in a financial impact ranging from $180 million to $400 million.
Coinbase confirmed that the attackers accessed some data, including names, addresses, and email addresses, but they did not obtain login credentials or passwords.
The U.S. Department of Justice has yet to respond to Reuters' request for comment.
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