by: xpoolPosted on:

Coinbase Faces Lawsuit and Hefty Fine Over Data Breach

Coinbase is at the center of a legal battle and facing substantial financial penalties for alleged violations. Investor Brady Nessler filed a lawsuit against Coinbase, its CEO Brian Armstrong, and CFO Alesia Haas, alleging a data breach and regulatory non-compliance in connection with the incident in May 2025. This action has resulted in significant stock volatility as investors react to potential financial repercussions.

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