
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.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
XRP is trading at $1.21, down 4.14% in 24 hours, underperforming the broader crypto market.…
Bitcoin traders are closely watching the upcoming Federal Open Market Committee (FOMC) meeting, which marks…
The SpaceX IPO may have officially arrived on June 12, but traders in crypto markets…
TON price took a sharp hit on June 16 after news emerged that India had…
The crypto market is down 1.33% to $2.25 trillion in 24 hours. Bitcoin trades at…
Wall Street spent years warning investors about crypto volatility. Now it's trying to sell it…