# Protecting Our Customers: Standing Up to Extortionists

Source: https://www.coinbase.com/blog/protecting-our-customers-standing-up-to-extortionists
Kiwi News: https://news.kiwistand.com/stories/Protecting-Our-Customers-Standing-Up-to-Extortionists?index=0x6825daff4fbbb950f14a61b0e9f9e5fe34d0e07772469b2be09c7679721b145cf4ddc802
Submitted by macbudkowski.eth on 2025-05-15 UTC, 1 upvote, 3 comments

## Comments

**macbudkowski.eth**: "We will pursue the harshest penalties possible and will not pay the $20 million ransom demand we received. Instead we are establishing a $20 million reward fund for information leading to the arrest and conviction of the criminals responsible for this attack."

anyone got any info? 😅

**macbudkowski.eth**: $180M-400M theft wow

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001679788/000167978825000094/coin-20250514.htm

**macbudkowski.eth**: Brian Armstrong response:
https://x.com/brian_armstrong/status/1922967787309256807