Brian Armstrong, the head of Coinbase, expressed gratitude to the Hyderabad Police for apprehending a former agent suspected of participating in a cyberattack operation valued at $400 million.
Brian Armstrong, the head of Coinbase, a major global cryptocurrency exchange, publicly expressed his gratitude to the Hyderabad Police via Twitter. Their recent apprehension of a former Coinbase operative, accused of participating in a cyberattack against the company earlier this year, was the reason for the commendation. Armstrong emphasized the company’s firm stance against misconduct, stating, “We have zero tolerance for bad behavior and will continue to work with law enforcement to bring bad actors to justice.”
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He remarked, “The Hyderabad Police in India have apprehended a former customer service representative from Coinbase. This marks one arrest, with further actions anticipated.”
