Securities
May 12, 2025
Investors sue Coinbase, claim hidden crypto fees
California and New York investors sue Coinbase, alleging the platform hides transaction fees in a "bait and switch" scheme, deceiving users by embedding spread fees in quoted prices.
A group of California and New York based cryptocurrency investors accused Coinbase Inc., a leading cryptocurrency trading platform, of concealing a transaction on its platform by operating a "bait and switch" scheme.
The putative class action, filed in federal court in San Francisco on Thursday, claims that Coinbase hides its transaction fee in its quoted price ahead of each crypto trade and charges even more for cryptocurrency conversions
The plainti...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In