• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

A buyer has misplaced cash, has Coinbase been sued?

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

What is money laundering?  “Money laundering” tricks used by criminals in cryptocurrencies and how to prevent them

What is cash laundering? “Money laundering” tricks applied by criminals in cryptocurrencies and how to stop them

November 27, 2023
Hackers did not return money, Kyber Network threatens legal action

Hackers did not return cash, Kyber Network threatens legal action

November 27, 2023

The victim accused the Coinbase exchange of violating several laws by not repaying the cash it had misplaced.

A buyer has misplaced cash, has Coinbase been sued?

Second file filed in District Court for the Northern District of California on March seven, plaintiff Jared Ferguson misplaced $96,000 “90% of his life savings” from his Coinbase wallet following a phone hack.

This man or woman went to the exchange for aid but was refused and made the decision to file a complaint with the court. Previously, Coinbase responded to Ferguson through e mail saying:

“Customers are solely accountable for any challenges that come about when units or passwords are compromised. In certain, you have to be solely accountable for the safety of your e mail, password, 2FA code and gadget.

After two weeks of back and forth, Ferguson accused Coinbase of violating the Cryptocurrency Transfer Act, as properly as area 4A of the California Uniform Commercial Code. There is a provision in these rules “if the financial institution permits an unauthorized transaction, both principal and interest must be returned to the customer. even even though Coinbase is not nominally a financial institution.

To date, the biggest US stock exchange has not still commented on the incident.

In the previous, Coinbase has repeatedly been sued on several fees, this kind of as a legal “storm” with the SEC relevant to the listing of tokens or a current $50 million fine for lax KYC…

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: CoinbasecustomerLostmoneysued
Share76Tweet47

Related Posts

Hackers Impersonate Security Firms to Steal Crypto Keys

by shark
June 2, 2025
0

SlowMist warns of evolving scams by hackers impersonating security firms to steal cryptocurrency keys.

Altcoin Market Poised for Potential Bullish Rally

by shark
June 2, 2025
0

Altcoin market sees potential for a major rally with technical indicators signaling a bullish trend.

US Sells Seized Bitcoin, Faces Significant Financial Losses

by shark
June 2, 2025
0

The US government faces a significant financial setback due to the sale of seized Bitcoin holdings, experiencing a notable opportunity...

IG Group Launches Retail Crypto Trading in UK

by shark
June 2, 2025
0

IG Group collaborates with Uphold to offer retail crypto trading in the UK, marking a significant step for traditional finance...

Flare Token Surges Amid XRP Integration Announcement

by shark
June 2, 2025
0

Flare (FLR) witnessed a 10.61% surge on June 2, 2025, after announcing its XRP integration, showcasing its potential within decentralized...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Hackers Impersonate Security Firms to Steal Crypto Keys
  • Altcoin Market Poised for Potential Bullish Rally
  • US Sells Seized Bitcoin, Faces Significant Financial Losses
  • IG Group Launches Retail Crypto Trading in UK
  • Flare Token Surges Amid XRP Integration Announcement
  • Elon Musk Introduces XChat with New Encryption Features
  • James Wynn Halts Trading After Massive Loss
  • Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7