Coinbase is being sued for freezing funds related to the theft of 55 million dollars in DAI
Prefer us on Google
According to Cointelegraph, Coinbase has been sued in a federal court in California, with the case involving frozen funds related to a $55 million DAI phishing theft.
The plaintiffs claim that a portion of the traceable stolen funds flowed into Coinbase retail user accounts after being mixed through Tornado Cash and are currently still frozen; Coinbase stated that the assets can only be released after a court ruling on ownership.
The lawsuit also states that the theft is related to the malicious wallet theft platform Inferno Drainer, and the victims had commissioned Zero Shadow and Five Stones Intelligence to track the flow of funds.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Ethereum Layer 2 project Zero Network announces closure, multiple protocols cease operations consecutively
Robin Markets completed a $475,000 angel round of financing, led by Fabric VC
Illustration of Zero Hash's 28 Web3 business partners: Connecting cryptocurrency and fiat currency settlement with compliant licenses
Cook Passes the Baton, Anthropic Gears Up | Rewire News Morning Brief
WEEX Launches Contract Mining Event: Up to 30% Fee Rebate + $2 Million WXT Repurchase
Afraid to Open the Pandora's Box? Anthropic's Most Powerful Model Ever Dares Not Be Disclosed
Former OpenAI employees establish a $100 million VC fund Zero Shot, focusing on AI investment direction
The TVL of the "100ETH" size pool on Tornado Cash decreased by 40% in the past week, with over 120,000 ETH being moved.
BC.GAME Community Open Letter: Launch of the 'Zero Edge Plan', Distribution of 1 Billion Platform Tokens, Game House Edge set at 100% Rebate
Hotcoin Launches MAGMA Trading with Zero Fees Initiative
Key Takeaways Hotcoin to list MAGMA on December 16, strengthening its portfolio with trending assets. New listing on…
How to Use a Trading Bot to Earn Profits on Polymarket?
0G collaborates with Nanyang Technological University, Singapore to jointly launch a $5 million decentralized AI research initiative
Boundless ZKC Token Price Dives 46% After Binance Debut Amid Airdrop Sell-Off – Latest Insights as of September 16, 2025
Imagine stepping into a bustling digital marketplace where a shiny new token bursts onto the scene, only to…
RFG Surges Over 70% in 24 Hours, Breaks $0.0019 to Hit New All-Time High
Ant Group Launches the DT Tokenization Suite to Build a One-Stop Tokenization Solution
WEEX Official Product Launch: Win LALIGA Tickets & Unlock the 3-in-1 Crypto Trading Suite
Trade crypto without downloading an app. Join the WEEX H5, API, SKILLs livestream to explore the new trading experience, win LALIGA VIP tickets, and share 420 USDT rewards.
Jane Street Records Record Increase in iShares Silver ETF Holdings in Q4, Becoming the Largest Holder
Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
LALIGA Preview: Barcelona Eyes Continued Dominance While "The Lightning" Targets a Camp Nou Upset
[Match Info]
- Fixture: FC Barcelona vs. Rayo Vallecano
- Kick-off: March 22, 04:00 AM (Beijing Time)
- Venue: Estadi Olímpic Lluís Companys
Aster Chain officially launches: defining a new era of on-chain privacy and transparency
BitRing will launch the AI short drama "BitRing-Satoshi Nakamoto Block Zero."
March 6 Key Market Update You Can't Miss! | Alpha Morning Report
Zero-Fee Gold Futures and $100K Rewards: Why Traders Are Turning to WEEX for Tokenized Gold
Explore WEEX's $100,000+ gold campaign featuring, zero-fee gold contracts, and $30,000 PAXG rewards. Trade tokenized gold today.
Crypto’s Next Battle: Privacy Faces a Chicken-Egg Dilemma with Regulators
Key Takeaways The integration of cryptocurrencies into bank systems is fueling a privacy versus transparency conflict. Privacy-preserving tech…
CZ: When young, it is important to balance spending, saving, and investing, finding the optimal balance point
Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…
Zerion-incubated L2 network Zero Network has relaunched and fully resumed operations
First Zero, First Revival: A Real Story from the WEEX Global AI Trading Hackathon Preliminary Round
WEEX Labs, the innovation arm of the global crypto exchange WEEX, launched the preliminary round of its flagship AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by world-class sponsors including AWS, the prize pool has reached $1.88 million, with a Bentley Bentayga S awaiting the champion in Dubai. Already, 788 elite teams worldwide are battling for a spot in the finals. This is more than a hackathon — it is a real-market stress test for AI trading. Registration remains open until January 18. If you want your AI to face real volatility, this is your moment.
EF Board Member: Ethereum's Future Depends on the Direct Integration of Zero-Knowledge Proofs
SafePal Launches 2026 New Year Limited Edition Mastercard Design
Ethereum Layer 2 project Zero Network announces closure, multiple protocols cease operations consecutively
Robin Markets completed a $475,000 angel round of financing, led by Fabric VC
Illustration of Zero Hash's 28 Web3 business partners: Connecting cryptocurrency and fiat currency settlement with compliant licenses
Cook Passes the Baton, Anthropic Gears Up | Rewire News Morning Brief
WEEX Launches Contract Mining Event: Up to 30% Fee Rebate + $2 Million WXT Repurchase
Afraid to Open the Pandora's Box? Anthropic's Most Powerful Model Ever Dares Not Be Disclosed
