Task Us Employee Allegedly Accepted Bribes Worth Half a Million Dollars, Linked to Coinbase Data Breach
In a shocking turn of events, Coinbase, one of the leading cryptocurrency exchanges, faced a significant data breach in January 2025. The breach, it was revealed, occurred at TaskUs, a contractor of Coinbase. The exact timeline of Ashita Mishra's involvement in the Coinbase data leak, as described in the court documents, remains unclear in the publicly available information. However, the incident has cast a spotlight on the potential risks associated with security gaps at contractors in the industry. Industry observers warn that such breaches could expose users to heightened risks. In response to this, Coinbase took immediate action, introducing stricter oversight measures in May. This move was followed by the dismissal of TaskUs employees implicated in the scheme. In a bid to further bolster security, Coinbase also severed ties with other overseas contractors in May. The alleged stolen customer assets amounted to between $180 million and $400 million, a staggering figure that underscores the severity of the breach. Coinbase has since reimbursed customers whose accounts were compromised in the data breach, demonstrating their commitment to protecting user assets. However, the identities of the additional foreign agents involved in the breach remain undisclosed. The incident has amplified calls for stronger oversight of outsourcing practices in the cryptocurrency sector. As the industry continues to grow, ensuring the security of user data and assets will remain a top priority for exchanges like Coinbase.
