Indiana Surgeon Sues Coinbase After Losing $340K in Crypto to Hackers
-
An Indiana surgeon lost over $340,000 in cryptocurrency after hackers broke into his Coinbase account, drained his wallet, and made over 200 transactions.
-
The hackers paid off a $40,000 debt the surgeon owed Coinbase in order to gain full access and transfer funds.
-
The surgeon alleges Coinbase has poor customer service, failing to notify him of suspicious activity and being unresponsive.
-
This lawsuit adds to other recent legal issues for Coinbase from hacked customers and clashes with regulators.
-
The case raises concerns about security of crypto accounts and the volatility of the broader cryptocurrency market.