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Fortune
Fortune
Chloe Taylor

HISTORICAL FACTS: Missing 96 000 is your problem coinbase allegedly told an account holder | History Defined

The Coinbase app is seen alongside a visual representation of the cryptocurrency Bitcoin. (Credit: Chesnot/Getty Images)

Coinbase is being sued after allegedly telling a man who said he lost $96,000 on its site to theft that it wasn’t the company’s problem.

In a lawsuit filed on Monday in San Francisco federal court, plaintiff Jared Ferguson detailed how he contacted Coinbase for help after discovering that most of his life savings had been funneled out of his account on the crypto company’s platform.

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