An Illinois choose has granted a movement to remain proceedings in a lawsuit in opposition to cryptocurrency trade Coinbase pending a ruling within the appellate courtroom.
In a Thursday submitting within the US District Court for the Northern District of Illinois Jap Division, Choose Sharon Johnson Coleman granted a movement filed by Coinbase to remain a lawsuit involving alleged violations of the state’s Biometric Data Privateness Act.
The movement requested ready for a ruling from the US Court of Appeals for the Seventh Circuit, which is contemplating a case involving Nuance Communications supplying voice identification know-how to Charles Schwab — a call that would affect the Coinbase lawsuit.
“[T]he Court finds that the keep would simplify the problems and streamline the trial […] scale back the burden of litigation on the Court and the events […] [and] wouldn’t unduly prejudice or tactically drawback Plaintiffs,” stated the Thursday submitting granting Coinbase’s movement.
The lawsuit, filed in Could, alleged that Coinbase’s “wholesale assortment” of faceprints for its Know Your Buyer (KYC) necessities violated the Illinois law, as customers weren’t notified. The group of Coinbase customers additionally alleged that the trade shared their biometric information with out their consent to third-party verification suppliers, which was a violation of the legislation.
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Beneath Illinois’ Biometric Data Privateness Act, personal entities that violate the legislation in a “reckless” or “intentional” method could also be required to pay damages as much as $5,000 for every occasion, in addition to $1,000 for every negligent violation. The plaintiffs additionally sought aid for litigation bills.
Main Coinbase information breach
In Could, Coinbase disclosed that a group of buyer assist contractors accessed account information for customers in trade for bribes. The contractors, based mostly in India, have been later fired.
The people accountable for the information breach tried to extort $20 million price of Bitcoin (BTC) from Coinbase, which the corporate refused. Nonetheless, the occasion prompted a number of lawsuits alleging that Coinbase mishandled private information.
Journal: Coinbase hack shows the law probably won’t protect you: Here’s why
Cointelegraph by Turner Wright US Court Grants Brief Stay In Coinbase Lawsuit Involving Biometric Data cointelegraph.com 2025-08-22 21:33:10
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