Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Marvie Basilan

New Class Action Complaint Alleges Coinbase 'Knowingly' Violated Securities Laws

Coinbase SEC Crypto Lawsuit United States Republican Party
The logo for Coinbase Global Inc is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York. (Credit: Reuters)

KEY POINTS

  • Coinbase had been operating "just outside of the law" since it was established a decade ago, the complaint stated
  • The plaintiffs want their Coinbase contracts canceled and seek statutory damages
  • The latest complaint follows a class action lawsuit filed in Georgia last month

Cryptocurrency exchange giant Coinbase has been slapped with a new class action complaint from investors who said they "suffered investment losses" due to the exchange's "shadowy" conduct.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
79 Nostalgic Photos That Take ’80s Kids Straight Back To Their Childhoods
80s had everything: bright neon colors, ABBA, Queen, and Madonna on the radio, huge power suits, and poofy hair that is now only associated with hair metal bands. If you love this decade, take a trip down memory lane with these pics from r/80s, where people share nostalgic items and…
Bored Panda
Bored Panda
Billy Corgan defends decades-long friendship with Marilyn Manson
Billy Corgan haș defended his friendship with Marilyn Manson, insisting that just because he stood by the rocker amid sexual abuse allegations, it doesn’t mean that he doesn’t have “an opinion”.
BANG Premier
BANG Premier
Ancestors all around – millions of dead people linger in Americans’ memories
Halloween kicks off a series of religious and cultural festivals to honor the dead, including All Saints’ Day, All Souls’ Day and the Day of the Dead. But deceased loved ones don’t disappear from people’s social worlds once the ghost and skeleton decorations come down.
The Conversation
The Conversation
“Like We’re Peasants”: Jenna Ortega Enrages Her Fans After Revealing How She Feels About Interacting With Them
Jenna Ortega has angered some fans after opening up about the pressure of meeting them and explaining why she doesn't always feel comfortable stopping for photos.
Bored Panda
Bored Panda
Raw vs fresh: Is this brand's 'Michelin Dog Star' food worth the hype?
Billed as the nation’s top-rated dog food, here’s why your pet might be better off eating human-grade ingredients
Evening Standard
Evening Standard
McDonald’s confirms return of beloved menu item — here’s what to know
Menu item will be available in certain states starting October 27
The Independent UK
The Independent UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play