3.0K @TCR_news_ Crypto whale sues Coinbase after $55M DAI freeze 🐋
Claims funds were tied to a phishing attack (Inferno Drainer) but not returned despite proof of ownership.
This case could redefine how exchanges handle frozen crypto after hacks. ⚖️
#Crypto https://t.co/OPxa4e3fjV
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1.2K @bandr283 Legal case shakes the crypto world: an unknown whale sues Coinbase for freezing DAI assets worth $55 million linked to a phishing scam. The platform refused to return traceable funds despite the clear suspicious source. This case reveals the complex challenges between user protection and digital property rights in the decentralized ecosystem.
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1.1M @coinbureau 🔥 COINBASE SUED OVER FROZEN STOLEN CRYPTO
An anonymous crypto whale is suing Coinbase, claiming the exchange refused to return frozen stolen funds tied to a 2024 theft.
The disclosed details closely mirror an August 2024 crypto theft where a whale lost roughly $55M in DAI.
The lawsuit says investigators traced the stolen DAI to a Coinbase retail account.
Coinbase froze the funds, but allegedly refused to release the funds without a court order confirming ownership.
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