Coinbase faces legal setback as judge allows shareholder lawsuit to proceed

Charles Thuo

Judge allows parts of Coinbase’s shareholder lawsuit to proceed on negligence claims. Plaintiffs allege Coinbase misled about regulatory risks; some claims dismissed. Coinbase remains confident and committed to defending against the remaining allegations. In a significant legal development, US District Judge Brian Martinotti has partially a motion filed by Coinbase to dismiss a class action lawsuit […]

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Coinbase faces legal setback as judge allows shareholder lawsuit to proceed