Key TakeawaysCoinbase Global shares fell Thursday after the crypto trading platform said it was the victim of a cyberattack.International contractors were likely paid to access certain customer and company data,

Scammers demanded $20 million for customer data obtained by bribing insiders. Coinbase stock price tumbled Thursday following the incident.

Coinbase said customer passwords and private keys were protected by its systems, and “at no time were any of the targeted contractors or employees able to access customer funds.”