Instead of paying the $20 million ransom, Coinbase offered the same amount of money for information leading to the attackers.

Coinbase said on Thursday that it expects to lose between $180 million and $400 million after a cyberattack exposed customer information and triggered a nearly 3% drop in its stock. The statement came just four days after the company got an email from a threat actor on May 11,

Coinbase Global said Thursday that it has refused to pay a $20 million ransom demand from cybercriminals who bribed the company’s overseas customer support agents to steal sensitive user data.The cryptocurrency exchange estimated that the incident could cost from $180 million to $400 million,