Coinbase Sued By One User This is because client accounts cannot be kept accessible during times of high market volatility.
Plaintiff George Kattula claims that the exchange “It doesn’t take proper standardized practice to keep user accounts safe.”
According to the plaintiff’s complaint, Coinbase “Block users from improper access to their accounts and funds. and unreasonable” and claims it goes against the company’s promise to provide its clients with technology that helps manage the real-time, global, and 24/7/365 of the crypto asset market.”
Inconsistency in independent account access For Kattula, this resulted in him being locked out of his account. and thus preventing him from making any trades and causing him to lose money.
The plaintiffs also allege that Coinbase failed to protect customer assets. or respond to customer complaints in a timely manner
“Coinbase’s failure leaves plaintiffs and group members unable to “control crypto. [ของพวกเขา] completely” and unable to do anything as Coinbase promised.”
The allegations didn’t stop there: Kattula also stated that Coinbase “disrespects both federal and state laws” by refusing to register as a broker-dealer. and denied that it was necessary to do so. In fact, the web trade has publishedblog postin July, claiming that “Will not list securities”
The plaintiff concluded that he and the group members were harmed by Coinbase from not having access to crypto accounts, investment opportunities, and personally identifiable information.
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