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Coinbase hit with wave of lawsuits over customer data breaches

cryptoweekly by cryptoweekly
May 19, 2025
in bitcoin, News
0

Coinbase has been hit with at least six lawsuits over the crypto exchange’s recent disclosure that some of its support agents were bribed to leak user data.

Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident.

At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange failed to keep stringent security protocols to protect user data and handled the data breach aftermath poorly.

In one of the lawsuits, filed in a New York federal court on May 16, plaintiff Paul Bender argued that Coinbase failed to protect the sensitive personal information of millions of users during the data breach. 

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Recent Posts
  • Divine Research issues unbacked crypto loans using Sam Altman’s World ID
  • Pudgy Penguins denies OpenSea acquisition rumors, focuses on partnerships
  • Bitcoin OGs ‘faith shaken’ comment stirs heated debate in community
  • Bitcoin ‘up year’ is 2026, and the four-year cycle is dead: Bitwise
  • XRP dip was a ‘healthy correction,’ Ether supply shock: Hodler’s Digest, July 20 – 26
  • Solo Bitcoin miner scores $373,000 block reward
  • 'Parabolic bull markets and devastating bear markets are over’ — BTC analyst

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