Donovan et al v. Coinbase Global, Inc. et al

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Case overview

Case Number:

3:22-cv-02826

See also:

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Trina L Thompson

Firms

Companies

Sectors & Industries:

  1. July 12, 2023

    Stablecoin Issuer, Customers Want Volatility Suit In NYC

    A Japanese digital asset issuer and plaintiffs who are suing it over a stablecoin offering have jointly asked a California federal judge to transfer claims against the company to New York, where it maintains its principal place of business.

  2. January 09, 2023

    Coinbase Wins Bid To Arbitrate Claims In Volatility Suit

    Customers of cryptocurrency exchange Coinbase will see an arbitrator weigh their claims that the company misrepresented the stability of a purported "stablecoin" offered on its platform, hurting investors when the coin came untethered from the fiat currency to which it was supposed to stay linked.

  3. November 18, 2022

    Coinbase Clients Rip 'Patently Unfair' Arbitration Agreement

    A pair of Coinbase customers say the cryptocurrency exchange cannot force them to arbitrate a lawsuit over allegedly misleading marketing tactics, arguing that the company's arbitration agreement is "rife with" provisions that disadvantage clients and protect its financial interests.

  4. May 13, 2022

    Coinbase Faces Suit Over Yen-Linked Stablecoin's Volatility

    Coinbase and a subsidiary of Japanese conglomerate GMO Internet Group have been hit with a proposed securities class action in California federal court over the alleged instability of a cryptocurrency called Gyen and its break from a one-to-one peg to the Japanese yen.