Coinbase had a history of shady dealings with their orders, buy and sell that gets mysteriously held up during price fluctuations. Authorities are aware of the irregularities.
This latest news isn't a surprise at all. Seems like it would tank the btc soon when many more learn about this.
Topic: Coinbase pissed off some people with lawyers - page 5. (Read 6069 times)
Again, what is their case?
This is a civil suit, what are the damages?
You cannot just magically sue people for money, despite what tv has shown you.
This is a civil suit, what are the damages?
You cannot just magically sue people for money, despite what tv has shown you.
I read somewhere where Coinbase was not licensed in CA, but, CA stated they did not regulate bitcoin exchanges and a license is not needed, not sure of the fiat side of things though.
Could the state of CA saying Coinbase is not licensed/registered invalidate coinbase's insurance? Insurance companies often try to find any reason they can to avoid paying out a claim.
the smell of money attracts sharks.
It appears Coinbase fucked up.
When that letter from the state of CA saying Coinbase is not licensed/registered with California, that was an eye opener.
SMH.
When that letter from the state of CA saying Coinbase is not licensed/registered with California, that was an eye opener.
SMH.
lol This is not going anywhere. The attorneys will jerk each other off and then settle for some undisclosed amount which will basically cover their fees.
so funny.
when bitcoiners meet the real world it usually ends bad and in court.
so many of them are in jail and under investigation.
when bitcoiners meet the real world it usually ends bad and in court.
so many of them are in jail and under investigation.
Coinbase is fucking nuts if they let this get that far.
They fucked up something horribly on this... And hurt a lot of Californians (myself included.) American companies "Rick Rolling" their customers and communities with fake news and unethical business tactics is NOT ok.
Expect news of a California legal team as well. (If it needs to make the news)
I have been speaking with the OP attorney via email and if I like them over the phone I'll be flying to NYC to meet them.
I don't want to recruit someone who is looking to hurt Bitcoin because that isn't what this is.
If you are a lawyer, rekt customer or raped Bitcoiner please feel free to contact me.
It surprises me that coinbase didn't consult lawyers before announcing they were licensed.
a bitcoin exchange on the scam? nah, couldn't be could it?
false ad ?
turn on the TV ...
turn on the TV ...
Bitcoin will outlive any country laws, any exchanges, any shit you throw at it, because that is the core purpose of it.
That sounds great right about now. Thanks for the reminder about how awesome Bitcoin really is.
They are just looking for attention, this would not help any of you unless you purchased bitcoin at 300 (263 as they say) and sold at 233 pretending that coinbase was the reason why.
Good luck proving their case.
I agree coinbase probably swindled us, but yeah these guys don't have law degrees if they think they can win that case and get profit out of it.
Good luck proving their case.
I agree coinbase probably swindled us, but yeah these guys don't have law degrees if they think they can win that case and get profit out of it.
bitcoin probably will, but I have my doubts for the people around it.
Bitcoin will outlive any country laws, any exchanges, any shit you throw at it, because that is the core purpose of it.
so funny.
when bitcoiners meet the real world it usually ends bad and in court.
so many of them are in jail and under investigation.
when bitcoiners meet the real world it usually ends bad and in court.
so many of them are in jail and under investigation.
The *grabs popcorn* meme is a bit over used now.
It's how communication over the Internet is done.
Coinbase is about to learn how arcane, muddled, confusing and complex securities regulations are. Welcome to the bigs, guys. This is what you wanted, right? 
That is actually a well established firm and it looks like they managed to get quite a bit in settlements.
Wow this will be very interesting to watch.
Wow this will be very interesting to watch.
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