In an August 2025 interview with Stripe co-founder John Collison, Coinbase CEO Brian Armstrong disclosed alarming cybersecurity threats faced by the cryptocurrency exchange. Armstrong revealed that North Korean agents have been exploiting remote work opportunities to infiltrate U.S. crypto companies by falsifying identities. These hackers have even offered hundreds of thousands of dollars to bribe customer service staff for internal access.
In response, Coinbase has implemented stringent countermeasures, including mandatory fingerprint identification and requiring U.S. citizenship for sensitive positions. Armstrong emphasized the company's zero-tolerance policy towards such crimes, stating that offenders face not just termination but also imprisonment.
Coinbase CEO Reveals North Korean Hackers Attempted to Bribe Staff
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