Crypto scam victims seek to hold Coinbase responsible for losses – The Washington Post

Over the past year, thousands of people have lost tens, if not hundreds, of millions in cryptocurrency when gangs of sophisticated scammers whisked their money out of their accounts, which are managed by an app from the publicly traded cryptocurrency giant Coinbase.

Now those victims are fighting back. Nearly 100 people are trying to hold Coinbase accountable, saying the company didn’t do enough to protect them. Scam victims says they notified the company, begging it to fix defects in its Coinbase Wallet software that had allowed the victims unknowingly to grant the scammers access to their accounts.

The requests were to no avail, scam victims say.

Source: Crypto scam victims seek to hold Coinbase responsible for losses – The Washington Post