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Coinbase Hands Nearly $1M to Cryptsy Victims After Settling Class Action Lawsuit

Coinbase will fork over $962,500 after settling a class action lawsuit which alleged Cryptsy founder Paul Vernon used the U.S. exchange to launder his victims' funds.

Updated Sep 13, 2021, 12:07 p.m. Published Jan 13, 2020, 3:28 p.m.
Coinbase CEO Brian Armstrong
Coinbase CEO Brian Armstrong