Coinbase says hackers bribed staff to steal customer data, demanding $20M ransom

Whatever you think of Coinbase, this is a pretty good response IMO:

> and will not pay the $20 million ransom demand we received. Instead we are establishing a $20 million reward fund for information leading to the arrest and conviction of the criminals responsible

I’d say the better thing for customers would be to pay the ransom demand and get the PII back. If they want to fund a reward scheme too, well great, but if it were my data, I’d care more about Coinbase limiting the breach of the data, not playing around with retaliatory rewards.