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Lynch Carpenter Investigates Claims in Coinbase Data Breach

1. Coinbase reports a cybersecurity incident affecting millions of users' data. 2. Stolen data includes personal, banking, and transaction information. 3. Lynch Carpenter, LLP is pursuing claims against Coinbase regarding the breach. 4. Customers potentially entitled to compensation following the data breach. 5. The breach highlights security vulnerabilities in cryptocurrency platforms.

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FAQ

Why Very Bearish?

Cybersecurity incidents can severely hurt trust and customer retention. Historical examples show stock drops after breaches, like Equifax in 2017.

How important is it?

Data breaches can dramatically shift public perception and user trust, directly affecting COIN's market position and valuation.

Why Short Term?

Immediate negative sentiment may lead to rapid stock price declines. Recovery may occur as proposed solutions and improvements are implemented.

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PITTSBURGH, May 15, 2025 (GLOBE NEWSWIRE) -- Coinbase recently announced a cybersecurity incident, which impacted the personal information of potentially millions of individuals. The information potentially impacted in the data breach includes customer names, postal and email addresses, phone numbers, and the last four-digits of users’ Social Security numbers. The hacker also took masked bank account numbers and some banking identifiers, as well as customers’ government-issued identity documents, such as driver’s licenses and passports. The stolen data also includes account balance data and transaction histories1. Lynch Carpenter, LLP is investigating claims against Coinbase related to this data breach. If you are a customer of Coinbase, or have received a data breach notification from Coinbase, you may be entitled to compensation. Please fill out this form so that an attorney can review your case. About Lynch Carpenter Lynch Carpenter is a national class action law firm with offices in Pennsylvania, California, and Illinois. Our firm has represented millions of clients in data privacy matters for more than a decade and has earned national acclaim for complex litigation for plaintiffs across the country. To learn more, please visit www.lynchcarpenter.com. For more information, please call Nicholas Colella at (412)322-9243, or email him at nickc@lcllp.com. 1 https://www.cnbc.com/2025/05/15/coinbase-says-hackers-bribed-staff-to-steal-customer-data-and-are-demanding-20-million-ransom.html CONTACT Nicholas ColellaCOMPANY Lynch Carpenter LLPPHONE (412) 322-9243EMAIL nickc@lcllp.comWEB lynchcarpenter.com

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