Coinbase, one of the world’s largest cryptocurrency exchanges, caused financial loss lawsuit was filed.
According to the file opened last week, more than 100 individuals in total are represented in the case.
The person who filed the lawsuit, George Kattula, claimed that Coinbase users occasionally had funds in their accounts for significant periods of time. unable to access and some crypto assets on Coinbase’s platform as to securities He argues that it is not clear enough.
In the case file, “Coinbase does not follow standard procedures to keep customer accounts safe. Coinbase also allows its users to access funds in their accounts. sometimes long periods throughout, sometimes permanently, for no reason blocking.” statement was included.
Defendant also noted that Coinbase’s cryptocurrency market is volatile that it crashed in some periods, Coinbase customers were excluded from the stock market for this reason. strengthened in attracting money states.
In the lawsuit filed in Georgia, the total value of the material losses subject to the lawsuit was determined. exceeding $5 million is alleged.