Litigation & Arbitration
Aug. 11, 2023
Coinbase locked EU clients out of hacked accounts, suit says
The complaint, filed in federal court in San Francisco, claims that Coinbase’s wallet and account services “lacked adequate warning and notification systems and processes to warn its customers” of hacking and theft.
A proposed class action accuses Coinbase Inc. of failing to protect the digital wallets of EU citizens from being hacked and even locked out of their accounts.
The complaint, filed in federal court in San Francisco on Wednesday, claims that Coinbase’s wallet and account services “lacked adequate warning and notification systems and processes to warn its customers” of hacking and theft. Massery v. Coinbase Global Inc. et al., 3:23-cv-04026 ...
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