Cryptocurrency Q&A
How much liability does Coinbase face if it loses?
How much liability does Coinbase face if it loses?
benjamin_doe_philosopher
Sat Mar 01 2025
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answers
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I'm wondering about the potential legal and financial consequences for Coinbase if they were to experience a loss. Specifically, how much liability would they face?
7 answers
alexander_clark_designer
Mon Mar 03 2025
The legal dispute in question is titled Securities and Exchange Commission v. Coinbase Inc.
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Giulia
Mon Mar 03 2025
The case number assigned to it is 23-cv-04731.
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GyeongjuGlory
Mon Mar 03 2025
It is being heard in the US District Court.
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RainbowlitDelight
Mon Mar 03 2025
Specifically, the case is being managed by the Southern District of New York.
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GinsengBoostPower
Mon Mar 03 2025
He mentions that the exchange could incur liabilities amounting to as much as $1 billion in case of any losses.
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