Coinbase Agrees To Nearly $1M Settlement For Cryptsy Class

Mealey's (January 23, 2020, 11:31 AM EST) -- WEST PALM BEACH, Fla. — A federal judge in Florida on Dec. 10 granted preliminary approval of a $962,500 settlement to be paid by Coinbase Inc. to a class of individuals whose bitcoin were allegedly stolen from them by Crypsty, a cryptocurrency exchange; a nearly identical class previously settled with Crypsty and Paul Vernon for $796,000 (Brandon Leidel, et al. v. Coinbase, Inc., No. 16-81992, S.D. Fla.)....