Keep reading to learn more about the Coinbase withdrawal code scam and what to do if you’ve received the phishing text. What is the Coinbase withdrawal code scam?

Coinbase refused to pay their ransom demand of $20 million and is instead offering a $20 million reward for information about the hackers.

Coinbase estimated that it would have to spend between $180 million to $400 million “relating to remediation costs and voluntary customer reimbursements relating to this incident.” ...

Coinbase breach affected nearly 70,000 members and involved $20 million ransom The company said it wouldn't pay the ransom request, instead offering a reward for the hacker's arrest.

SEC’s “scorched-earth” lawsuit against Coinbase to be dropped, company says Coinbase dances on former SEC Chair Gary Gensler’s grave after declaring victory.

Coinbase is looking to reach a new subset of consumers who aren’t necessarily interested in buying or trading crypto, the company’s core business.