Today news
About the same in other media
Class Action lawsuit claims Coinbase failed to protect customers from fraud
Reading now: 322
These latest breaches occurred less than a year after Coinbase settled similar claims by the California Attorney General and paid $300 million. The suit allege that the company was indifferent to consumers’ losses.
When victims sought help from Coinbase, it "routed them through its automated complaint processing — a recursive loop of impenetrable screens that prevented them from explaining their situation to any human being and was incapable of redressing the theft of their savings." The suit is seek restitution, civil and punitive damages, and injunctive relief, among other remedies. Trial attorney Matt Borden, says: "Coinbase plays a valuable and important role as a financial institution with billions of dollars in custodial funds.
Read more on finextra.comAbout this in other media
Terra Classic Price Could Put on Another 1,000% if Crypto Complex Stabilises cryptonews.com /1 year ago
Terra Luna Classic Crypto Price Analysis - LUNC Down 21.3% cryptonews.com /1 year ago
Chelsea 'has parted company' with German coach Thomas Tuchel euronews.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
