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Coinbase insider who sold customer data to criminals arrested in India – January 2026

Author/Source: Bitdefender Hotforsecurity blog See the full link here

Takeaway

This article is about a former employee from a company called Coinbase who was arrested in India. This person is accused of secretly giving customer information to criminals, which led to people losing money.

Technical Subject Understandability

Beginner

Analogy/Comparison

This situation is like a security guard at a building giving a copy of all the residents’ apartment keys to burglars.

Why It Matters

This topic matters because it shows how people who work inside companies can sometimes misuse sensitive information, causing harm to customers. The article mentions that criminals were able to steal over $96 million from people due to this type of information being shared.

Related Terms

MFA, SIM-swapping attacks. Jargon Conversion: MFA, or Multi-Factor Authentication, is like needing two different keys to open a digital lock, making it harder for others to get into your accounts. SIM-swapping attacks are when criminals trick a phone company into giving them control of your phone number, allowing them to receive your texts and calls.