The post Coinbase Faces Lawsuit Over Frozen $55M DAI appeared first on Coinpedia Fintech News
A crypto whale called D.B. has taken Coinbase to court after the exchange froze around 55 million dollars in DAI linked to a 2024 phishing attack that emptied the victim’s wallet. The plaintiff says they have proven ownership, but Coinbase has not released the funds, insisting on a court order before doing so. Coinbase states the freeze follows its standard security and compliance process while the dispute is resolved. The case raises key questions about control of disputed crypto assets.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.