Sequoia Capital exec also a victim in Coinbase data breach
Roelof Botha, a Managing Partner at Sequoia Capital, was reportedly affected by a recent data breach involving Coinbase, as detailed in a May 16 Bloomberg report. The breach compromised personal details of some users, with an estimated impact on less than 1% of the exchange's monthly users. Cybercriminals reportedly gained access to user information by bribing Coinbase support agents. Botha's net worth is estimated to be in the hundreds of millions, although he had not publicly disclosed specific figures. The breach was acknowledged by Coinbase in a May 15 blog post, which indicated that users were targeted with social engineering attacks following the unauthorized access to their account data. While the extent of the breach remains unclear, similar attacks were noted to affect users on other exchanges like Kraken and Binance. Coinbase has yet to respond to inquiries about the incident, leaving the situation ongoing and developing.
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