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Coinbase leak prompts KYC criticism from crypto execs

A growing number of crypto players are attacking KYC protocols after Coinbase revealed its support staff had leaked credentials.

Coinbase says staff leaked customer data, refuses to pay $20M ransom

Coinbase countered the blackmail attempt by announcing a bounty for anyone with information that may lead to the arrest of the attackers.

The network, which was raided in January, allegedly offered crypto services to human traffickers and the drug trade.

France’s interior minister says his government must “take measures to protect” crypto professionals after another kidnapping attempt.

Mashinsky’s lawyers argued that a 15-year sentence would be “too much,” and that his deeds aren’t comparable to other scams like OneCoin.