Coinbase’s Fortress Is Crypto’s Achilles’ Heel: Lawsuits Reveal Security Gaps
Coinbase sold itself as the “secure and trusted” face of crypto. In reality, it has become something far more dangerous: a fortress that protects itself, not its users.
SAN ANSELMO, CALIFORNIA – FEBRUARY 15: In this photo illustration, the Coinbase logo is displayed on a phone screen on February 15, 2024 in San Anselmo, California. Coinbase stock has risen 5 percent ahead of the company reporting fourth-quarter earnings today on news that Bitcoin has surged above $52,000. (Photo Illustration by Justin Sullivan/Getty Images)
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Coinbase isn’t a fringe startup anymore. It is the largest U.S. crypto exchange and uniquely, the only one both regulated and publicly listed on a major U.S. exchange. It holds more than $400 billion…
