Coinbase CEO Armstrong thanks India for arresting employee part of $400-mn data leak

Coinbase CEO Brian Armstrong thanked Hyderabad Police for arresting an ex-employee of his company, months after hackers bribed customer service representatives to gain access to customer information and demanded a $20-million (₹180 crore) ransom. "We have zero tolerance for bad behaviour," Armstrong said. Coinbase had estimated the data leak could cost $400 million (₹3,600 crore) to fix.