Over the past year, thousands of people have lost tens, if not hundreds, of millions in cryptocurrency when gangs of sophisticated scammers whisked their money out of their accounts, which are managed by an app from the publicly traded cryptocurrency giant Coinbase. Tech is not your friend. We are.
Does Coinbase refund if I get hacked? Yes, they do refund hacked accounts. Coinbase is covered by crime insurance to protect a portion of digital assets across the storage systems for losses from theft and cybersecurity breaches.