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Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD

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cointelegraph.com

A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin and alleging that it failed to disclose its financial relationship with Terraform Labs.

This is the second class-action suit outstanding against Coinbase. A suit was filed last month in connection with the depegging of GYEN in November.

Read more on cointelegraph.com
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