McCATHERN, SHOKOUHI, EVANS LAW FIRM REPRESENTS 73 INDIVIDUALS AGAINST COINBASE, INC.
- On May 7, 2025, in Dallas, attorney Evan Selik from the law firm McCathern, Shokouhi & Evans initiated a class action lawsuit on behalf of 73 plaintiffs against Coinbase, Inc.
- The lawsuit arose after these consumers alerted Coinbase about missing funds, claiming the platform manipulated accounts without consent despite representing itself as secure.
- In response, Coinbase locked out the affected users, preventing transactions during an alleged investigation, which raised concerns over their ability to manage their own accounts.
- Attorney Evan Selik questioned how the world's leading cryptocurrency exchange could fail to implement adequate safeguards to protect users' funds, resulting in customers being effectively locked out of accessing their own assets.
- This case suggests a significant trust breach and potential security failures at Coinbase, emphasizing the need for stronger consumer protections in cryptocurrency platforms.
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McCATHERN, SHOKOUHI, EVANS LAW FIRM REPRESENTS 73 INDIVIDUALS AGAINST COINBASE, INC.
DALLAS, May 7, 2025 /PRNewswire/ -- Evan Selik of McCathern, Shokouhi, Evans Law Firm is representing 73 individuals in a class action that was compelled to arbitration. The Claimants allege that Coinbase is able to manipulate and trade on their…
·Parsons, United States
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Leaning Left1Leaning Right2Center8Last UpdatedBias Distribution73% Center
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