Coinbase faces at least six lawsuits over a major data breach affecting thousands of users. SEC also probing Coinbase over past user number disclosures amid ongoing regulatory scrutiny.

Coinbase is under intense legal scrutiny and battling several lawsuits following a data breach that allegedly involved bribed support agents.

Coinbase refused to pay their ransom demand of $20 million and is instead offering a $20 million reward for information about the hackers.