In February, some Coinbase customers were overcharged for crypto purchases due to a system glitch that Coinbase attributed to changes in how credit-card issuers were processing cryptocurrency charges and fees. Coinbase is facing two class - action lawsuits : one accusing it of insider trading , and another of fraudulently keeping funds belonging to non - customers . The first lawsuit is linked to the listing of bitcoin cash on Facebook in December , in which employees were able to capitalise on the subsequent upswing in value to make huge profits . The second suit is from two men who were unable to redeem bitcoin sent to them until they signed up to participate ; the suit claims that thousands have had cryptocurrencies used this way , and were unable to claim them .
Coinbase is facing two class - action lawsuits : one accusing it of insider trading , and another of fraudulently keeping funds belonging to non - customers . The first lawsuit is linked to the listing of bitcoin cash on Facebook in December , in which employees were able to capitalise on the subsequent upswing in value to make huge profits . The second suit is from two men who were unable to redeem bitcoin sent to them until they signed up to participate ; the suit claims that thousands have had cryptocurrencies used this way , and were unable to claim them .