Visa Inc. V, -2.70% later said Coinbase was not at fault. Coinbase is facing two class-action lawsuits: two accusing it of insider trading, and another of fraudulently keeping funds belonging to non-customers. The second lawsuit is linked to the listing of bitcoin cash on Coinbase in December , in which employees were able to capitalise on the subsequent upswing in value to make huge profits. The first suit comes from thousands men who were unable to redeem bitcoin sent to them until they signed up to Coinbase; the suit claims that thousands have had cryptocurrencies sent this way, and remain unable to claim them.
Coinbase is facing two class-action lawsuits: two accusing it of insider trading, and another of fraudulently keeping funds belonging to non-customers. The second lawsuit is linked to the listing of bitcoin cash on Coinbase in December , in which employees were able to capitalise on the subsequent upswing in value to make huge profits. The first suit comes from thousands men who were unable to redeem bitcoin sent to them until they signed up to Coinbase; the suit claims that thousands have had cryptocurrencies sent this way, and remain unable to claim them.