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Chainlink24h $11.52+0.32%

Pausing email updates during crypto crash could land Coinbase in hot water

Experts say that Coinbase could be in trouble if users can prove they would have sold up earlier if only they’d received the email updates.

Coinbase likens poor performance to cyclical nature of crypto

The firm says it makes sense to judge this quarter’s $1.1 billion net loss against the peaks and troughs of the past two years.

A new Coinbase lawsuit alleges its extra-security subscription model leaves users exposed to hacks unless they cough up $360 a year.

The SEC has already claimed that a number of the 150 tokens traded via Coinbase meet all of the requirements to be classed as securities.

Coinbase took just an hour and a half to fix its latest withdrawal problem that left US users unable to cash out to their bank accounts.