Coinbase Accused Of UCL Violations For Lax Cybersecurity

(January 12, 2023, 5:10 PM EST) -- SAN FRANCISCO — Three plaintiffs accuse two cryptocurrency entities in a complaint filed in California state court of violating California’s unfair competition law (UCL) and other statutes by misrepresenting its platform’s ability to secure user accounts and private user data, as the plaintiffs say their accounts were hacked and emptied of more than $214,000....