Coinbase Inc. lost a private arbitration complaint with damages and costs totaling $618,000 to a client who claimed to lose funds after a 2024 cyber-attack. The complaint of Ashok Maini versus Coinbase Inc. was heard in private arbitration in the forum of the American Arbitration Association, commonly referred to as Triple A arbitration in the industry. Arbitration complaints involving cryptocurrencies are outside the purview of FINRA Dispute Resolution because digital assets are not legally d
