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Coinbase Exchange Has Been Sued

Coinbase, one of the leading cryptocurrency exchanges, has been sued. Plaintiff claims that Bitcoin investments were stolen by the exchange.

Yazar: Eylem Özer

Yayınlanma: 17 Nisan 2022 16:34

Güncellenme: 12 Kasım 2024 05:30

Coinbase Exchange Has Been Sued

Coinbase, one of the leading US-based cryptocurrency exchanges, has been sued.

In the court filing filed yesterday, the plaintiff stated that Coinbase did not comply with the arbitration agreement within the terms of service. Saying that the arbitration agreement protects the Coinbase exchange instead of protecting the user, the plaintiff claims that Bitcoin investments were stolen by the exchange. Saying that many users expressed their grievances, the plaintiff published a long explanation text.
“The current Coinbase user agreement only protects the exchange instead of protecting us.” "More than $31,000 of my Bitcoin was stolen. Coinbase left my application unanswered. It is unfair on this matter and I am expressing the grievances of many users."
Claiming that the current Coinbase user agreement protects the exchange instead of users, the plaintiff accuses the Coinbase exchange of stealing $31,000 worth of BTC. Although there is no explanation yet, it is stated that there is no deficit on the Coinbase exchange. It is estimated that the plaintiff's computer and mobile device were infected with a trojan virus. The plaintiff, who says he represents a group of people in a similar situation to him, says it is the exchange's fault that a scammer stole more than $31,000 in Bitcoin from his Coinbase account.
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