Class-Action Filed To Block the IRS From Tracking Bitcoin Users On Coinbase
A motion has been filed to block the Internal Revenue Service’s move to access the personal and Bitcoin transactional information of over a mln U.S. based Coinbase customers between 2013 and 2015. Filed on behalf of Los Angeles attorney Jeffrey K. Berns, the Managing Partner of Berns Weiss LLP, who used Coinbase to buy and sell Bitcoins estimates that over a mln Americans are subject to the John Doe summons issued on Nov. 30, the case was assigned to Judge Jacqueline Scott Corley who granted the IRS summons. The IRS is called to answer. The summons requires Coinbase, which is America’s....
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A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB).
Lawsuit Claims Coinbase Sold 79 Unregistered Crypto Securities to Customers
A class-action lawsuit was filed last week against Coinbase Global Inc., Coinbase Inc., and CEO Brian Armstrong.
Lead plaintiffs and Coinbase users Christopher Underwood, Louis Oberlander, and Henry Rodriguez allege that from Oct. 8, 2019, to....
A lawsuit filed against Coinbase alleges the money transmitter did not fulfil its regulatory requirements to do its due diligence and investigate Mr. Vernon’s activity and his Coinbase accounts. Coinbase Accounts Allegedly Held Stolen Funds. When $8.2 million in customer funds went missing from Cryptsy user accounts in 2014-15, a class action lawsuit was....
Coinbase faces a class action lawsuit against its involvement in the Cryptsy fiasco. Read more... Coinbase is courting one trouble after another. Following the latest issue with the IRS, the cryptocurrency company has another legal challenge to face. This time, it is a class action lawsuit by Silver Law Group and Wites & Kapetan regarding the platform’s alleged involvement in $8 Million theft by Cryptsy’s promoter Paul Vernon. The nationwide class action lawsuit against Coinbase has been filed in the United States District Court for the Southern District of Florida. According to....
Per a document filed with the U.S. District Court of Northern District of California, Binance.US users want compensation for their LUNA-UST investments. The lawsuit has been filed as a class action in the United States against Binance.US and its CEO Brian Shroder. Related Reading | Binance Hits Back At Reuters, Claims Data Sharing Report With Russia […]
The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as a result of the depegging of stablecoins. A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin and alleging that it failed to disclose its financial relationship with Terraform Labs. This is the second class-action suit outstanding against Coinbase. A suit was filed last month in connection with the depegging of GYEN in November. Thursday’s suit alleges Coinbase was negligent for....