DeFiance Capital founder: Coinbase requires KYC, but customer information becomes a "honeypot" for hackers

Odaily News Arthur, founder and chief investment officer of DeFiance Capital, posted on the X platform that Coinbase really needs to solve their problems. If the Coinbase platform eventually becomes a honeypot for users' important information, there is no reason to require constant KYC.
According to previous news, hackers stole some personal information of less than 1% of Coinbase's active users by bribing overseas customer service staff, but no passwords, private keys or funds were involved. Coinbase refused to pay the $20 million ransom and set up a $20 million reward fund to track down the attacker.