I am unconvinced that Coinbase didn't have some sort of breach here. I don't believe they disclosed everything.

Multiple people I know with Coinbase accounts were solicited by the hackers - none of them have ever mentioned to anyone that they had a Coinbase account on any social media platform.

What does “made whole” mean here? They transferred the missing crypto to the users?

"(transitive, finance, law) To provide (someone), especially under the terms of a legal judgment or an agreement, with financial compensation for lost money or other lost assets."

https://en.wiktionary.org/wiki/make_whole

Right but did they get money? Did they get the missing coin replaced? Is the price volatile enough that getting dollars instead of coin less attractive?

I don’t understand.

They made $1.6B in profit last quarter, I think they can swing it regardless.

I'm also curious as to why I keep seeing the vague and somewhat uncommon expression "to make whole" in relation to the Coinbase breach. I have neither the time nor the interest to dig into the matter, but my astroturfey-senses are tingling.

I've heard the term used in libertarian circles. I think it's justice without punishment. Instead of the offender being slapped on the wrist, imprisoned etc., the offender must work to restore the victim to how they were prior to the offense.

It’s an incredibly common phrase which has nothing to do with Libertarianism.