Coinbase Faces Lawsuit Over Biometric Data Breach in Illinois

A recent lawsuit filed in Illinois alleges that Coinbase Global, Inc., a leading cryptocurrency exchange, illegally collected and shared biometric data from users without their informed consent. The complaint highlights growing concerns about privacy practices within the cryptocurrency industry, particularly as it relates to state-specific biometric data regulations. Coinbase is facing legal action alongside its third-party vendors Jumio Corp. and Onfido, which allegedly processed facial scans of Illinois users without proper authorization.