Skip to content
Subscriber Only

Coinbase Accused of Cheating Consumers in More Ways Than One

Inside The Coinbase Office As Company Wants Wall Street to Resolve Its Bitcoin Trust Issues
Photographer: Michael Short/Bloomberg
Updated on

Coinbase Inc. was slapped with a pair of lawsuits by disgruntled consumers, one alleging insider trading by employees at the giant digital currency exchange and the other accusing the company of failing to deliver cryptocurrencies to people who didn’t have accounts.

The class-action suits come as Coinbase and other crypto startups are beefing up their staffs with regulatory experts to legitimize themselves as they prepare for government authorities to impose stricter rules.