Crypto Whale Sues Coinbase Over Refusal to Return Stolen Funds

A crypto whale based in Puerto Rico has filed a lawsuit against Coinbase for allegedly refusing to return over $55 million worth of DAI stolen during a phishing scam in August 2024. The plaintiff claims that funds were traced back to a Coinbase account and frozen, but have not been returned despite the exchange identifying them nearly two years ago.

By Sander Lutz Tue, May 5, 2026 at 7:59 PM GMT+3 2 min read · Yahoo Finance · May 5, 2026, 16:59 UTC

Tickers: $COIN

Topics: cryptocurrency funds recovery phishing scam theft

Read the full article at Yahoo Finance

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