Coinbase, the crypto exchange everyone loves to watch sink or swim, is in deep waters again. After a data breach and a stumble with the UK's Financial Conduct Authority, their stock price decided to take a nosedive. Now, they're staring down a series of lawsuits, led by investor Brady Nessler, claiming damages due to these blunders. Allegations include mishandling the breach and failure to protect user data.
As Coinbase CEO Brian Armstrong (@brian_armstrong) navigates these turbulent tides, one must wonder if the cryptoverse can learn to avoid repeating history's mistakes. Or must we always swim in circles?