Smartbase Skandal Jun 2026

The scandal complicated Smartmatic’s ongoing defamation lawsuits against media outlets like Fox News and Newsmax regarding 2020 election conspiracy theories. 3. Historical "Neutrino" Scandal (2019)

In 2019, Coinbase acquired Neutrino , a blockchain intelligence firm founded by individuals formerly involved with Hacking Team , a group that sold spyware to repressive regimes. smartbase skandal

In August 2024, the U.S. Department of Justice indicted the president of Smartmatic , Roger Piñate, for allegedly faking invoices to pay $1 million in bribes to the former head of the Philippine elections commission. In August 2024, the U

Hackers used this information to launch "social engineering" attacks, impersonating support staff to trick users into transferring funds. The attackers reportedly demanded a $20 million ransom to keep the data private. The attackers reportedly demanded a $20 million ransom

Coinbase ended its partnership with TaskUs and moved to tighten vendor controls.

CEO Brian Armstrong revealed that cybercriminals bribed customer service agents located outside the U.S. to gain access to sensitive user data, including names and partial identification numbers.

Hackers reportedly paid $200 per image to the insider, which they then used to orchestrate social engineering scams against Coinbase users. Coinbase Response and Legal Fallout Coinbase took several public steps to mitigate the damage: