Two weeks after Coinbase disclosed a data breach, the company faces multiple class action lawsuits, including eight filed by customers and one by shareholders. Additionally, a customer class action has been filed against TaskUs, a contractor alleged to be responsible for the breach. On May 11, Coinbase received an unexpected email from a malicious actor demanding a $20 million ransom, claiming to hold confidential customer data. Investigations reveal that the breach, which involved approximately $400 million, was orchestrated by hackers linked to a group known as The Comm. The attackers bribed agents at Indian call centers and targeted various business process outsourcing firms, passing stolen data to social engineering scammers. This incident has reignited debates about Know Your Customer (KYC) protocols within the cryptocurrency industry.