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São Paulo court orders Coinbase to repay $100K over hacked wallet

Covered by 2 sources · 2 articles

2 outlets - including Coin-turk and Cryptopolitan - are covering this story. 🚨 Brazil court orders Coinbase to repay $100,000 missing from $BTC wallet. 🕵️‍♂️ Customer's crypto vanished, and court rejects Coinbase’s self-custody defense. ⚖️ Judge cites lack of security proof and criticizes technical jargon filings.…

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Brazil court orders Coinbase to repay $100,000 lost from wallet, challenges self-custody defense
CoinTurk News Jul 12, 15:22 UTC

Brazil court orders Coinbase to repay $100,000 lost from wallet, challenges self-custody defense

🚨 Brazil court orders Coinbase to repay $100,000 missing from $BTC wallet. 🕵️‍♂️ Customer's crypto vanished, and court rejects Coinbase’s self-custody defense. ⚖️ Judge cites lack of security proof and criticizes technical jargon filings.…

São Paulo court orders Coinbase to repay $100K over hacked wallet
Cryptopolitan News Jul 12, 14:48 UTC

São Paulo court orders Coinbase to repay $100K over hacked wallet

A São Paulo court has ordered Coinbase (NASDAQ: COIN) to return roughly $100,000 to a customer whose crypto disappeared from a Coinbase Wallet. The court rejected the exchange’s argument that self-custody shields it from liability when user…