Silver miller is acting as co-lead counsel to the putative class of plaintiffs in a class action lawsuit pending against california-based money services business and cryptocurrency exchange operator coinbase, inc. The case is pending in the united states district court for the southern district of florida under case no.
a class action lawsuit was filed against san francisco-based coinbase in recent days in the us court for the northern district of california, claiming the leading us cryptocurrency exchange unlawfully kept cryptocurrencies that were sent by email and left unclaimed for years.
it has beguna coinbase user has initiated a class action suit against the cryptocurrency exchange, seeking recovery for customers who paid commissions for xrp trading. It claims coinbases actions in making xrp available for trading violated californias unfair competition laws, and that coinbase was aware xrp constituted an unregistered security, rather than a commodity digital asset.
coinbase faces class-action suit over sales of ripples xrp.
on december 13, 2016, a class action lawsuit was filed against defendant coinbase, inc. , in the united states district court for the southern district of florida styled leidel, et al.
a class-action lawsuit has been filed against coinbase for the sale of xrp tokens. The plaintiff has alleged that coinbase knew about xrps security status and yet proceeded to profit from its sale. The lawsuit claims that coinbase is in violation of californias unfair competition laws.
according to the indictment, which seeks class action status, coinbase also should have known that xrp was a security for two reasons. On information and belief, coinbase, because of its technological integration into xrp nodes and statements made by ripple co. S executives, coinbase knew that x rp was not a commodity, but rather a security under federal securities laws.
Class action lawsuits can take months to years to settle, the amount that is won is dependent on how many sign for the settlement to be split evenly, the more people sign the less the split, however the more people sign the larger the settlement.
A class action lawsuit is currently being filed (michael leone vs coinbase- see facebook group). Those who want to be included should contact attorney joshua klein at mahoney law group (long beach, ca)telephone (562) 590-5550jkleinmahoney-law.
The company coinbase has personally stolen over 15,000 (687,000 accumulated so far in the class action lawsuit) by restricting access to my account without any legitimate explanation.
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