The bottom line is Coinbase didn't adequately secure sensitive customer information, and it was leaked.
Not, "Gosh, 'overseas' people, what can ya do?"
> ...bribed AT&T employees at a call center in Bothell, Washington, to "use their network credentials and exceed their authorized access to AT&T's computers to submit large numbers of fraudulent and unauthorized unlock requests on behalf of the conspiracy and to install malware and unauthorized hardware on AT&T's systems," according to the indictment.
https://abcnews.go.com/Politics/att-employees-bribed-1m-unlo...
> ..install malware and unauthorized hardware on AT&T's systems
That's not as harmless as unlocking phones early. A major carrier that has access to texts, geolocations, and call logs being hacked like that is extremely concerning.