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Class Action Lawsuit Against Coinbase Following Stock Decline Due to Customer Data Leak

2025/05/27 17:17 (Updated 2025/05/28 06:00)
CoinPost
Written by N.Koda
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Class Action Lawsuit Against Coinbase Following Stock Decline Due to Customer Data Leak

Delayed Disclosure of Data Breach

Coinbase, the largest cryptocurrency exchange in the United States, is facing a class action lawsuit from investors over delays in disclosing a data breach and regulatory violations in the UK. The lawsuit was filed on the 22nd by investor Brady Nesler in the United States District Court for the Eastern District of Pennsylvania against Coinbase Global and its executives CEO Brian Armstrong and CFO Alesia Haas. It represents investors who purchased Coinbase stock (COIN) between April 14, 2021, and May 14, 2025, seeking damages for the losses incurred.

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.