Coinbase Sued Over Withholding Frozen Crypto From $55M Defi Saver Exploit

Investor Sues Coinbase to Return Frozen Assets Tied to 2024 Phishing Attack

What Is the Lawsuit Against Coinbase About? Crypto exchange Coinbase is facing a lawsuit from an anonymous crypto whale who claims the company improperly refused to return funds frozen after a 2024 theft. The plaintiff, identified as “D.B.,” filed the case against Coinbase and an unidentified defendant accused of carrying out the theft. The details align with an August 2024 incident in which roughly $55 million worth of DAI was stolen from a lar…

D.B. v. Coinbase Inc. et al: Complaint (‘Crypto Theft’)

Complaint alleging “a sophisticated cryptocurrency theft” in D.B., of Puerto Rico v. John Doe, described as “an international cybercriminal whose real name is not known”; Coinbase Global Inc., and Coinbase Inc. at the U.S. District Court for the Northern District of California.The post D.B. v. Coinbase Inc. et al: Complaint (‘Crypto Theft’) first appeared on OffshoreAlert.

Coinbase faces federal lawsuit over 55 million dollars in frozen stolen funds - The Cryptocurrency Post

A Puerto Rico-based plaintiff filed a legal action against cryptocurrency exchange Coinbase on May 4, 2026, in a San Francisco federal court. The litigation seeks to recover a batch of digital assets currently locked on the platform, which are directly linked to a $55.43 million DAI theft executed during the third quarter of 2024. The lawsuit demands that the United States justice system declare the plaintiff as the rightful owner of the funds t…

Coinbase faces lawsuit over frozen funds from $55M crypto theft

The plaintiff says Coinbase froze traceable assets from a 2024 DAI phishing theft but refused to return them without a court order.

Coinbase Sued Over Withholding Frozen Crypto From $55M Defi Saver Exploit

Coinbase was sued for allegedly withholding funds tied to the $55 millions DeFi Saver exploit, which were traced back to a retail account on the exchange.

Coinbase Sued Over Frozen Crypto From $55M DeFi Saver Exploit

A California federal court is weighing a civil claim that challenges Coinbase Global’s handling of frozen digital assets tied to a $55 million DAI phishing theft in August 2024. The Puerto Rico–based plaintiff requests recognition of ownership over the frozen funds and demands their return, arguing the assets are identifiable and traceable property. The complaint also names an unknown John Doe as a defendant, alleged to have carried out the thef…