via Cointelegraph · By Cointelegraph Staff
Coinbase Sued Over Withholding Frozen Crypto From $55M Defi Saver Exploit
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Cryptocurrency exchange Coinbase was sued in California federal court over frozen crypto allegedly tied to a $55 million DAI phishing theft from August 2024.
The complaint, filed Monday in a San Francisco federal court, alleges that after laundering the proceeds through crypto mixer Tornado Cash, the attacker deposited part of the “traceable stolen funds” into a Coinbase retail user account, where…
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