Coinbase and high execs face securities class motion over Nasdaq itemizing

A Coinbase shareholder has filed a securities class motion towards Coinbase for allegedly deceptive buyers forward of its public itemizing concerning the firm’s monetary state and resilience as a crypto buying and selling platform.

Filed by legislation agency Scott + Scott within the California Northern District Court docket on Thursday, the category motion names Coinbase shareholder Donald Ramsey as a plaintiff, each individually and on behalf of all different buyers equally located.

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