Coinbase Sued Over Frozen Crypto Linked to Apparent $55M DAI Hack

A Puerto Rican man sued Coinbase over crypto the exchange froze after tracing it to an apparent $55 million DAI hack. The complaint says Coinbase acted reasonably by freezing the funds but wrongly refused to return them without a court order after the plaintiff provided sworn proof of ownership. The suit also seeks restitution, a return order, and a constructive trust.

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