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Hack history / 2019 / Hack or exploit

Coinbase

Hack or exploit on May 22, 2019 · SIM Card Attack

ONE SOURCE · 1 SOURCE
Lost
$100K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,731
among thefts by dollars lost

What happened

Hackers steal $100,000+ worth of BTC from engineering manager at Crypto Custodian BitGo. Sean Coonce, engineering manager at cryptocurrency custodian BitGo. According to the post, Coonce had over $100,000 siphoned out of his account on cryptocurrency exchange Coinbase in under 24 hours. Coone details SIM swapping, a practice that sees the attacker maliciously requesting a telecommunications carrier to redirect the traffic of a mobile phone number to a device over which they have control.

Details

Date
May 22, 2019
Kind
Hack or exploit
Method
SIM Card Attack
How in
Other
Target
Centralized exchange
Chains
not stated

Reported by

Related incidents

Cite this pageSwanBluechip, "Coinbase hack, May 22, 2019: $100K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht7c810c06c9/ (data as of 2026-10-31).
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