Comment by mxhold
13 hours ago
Interesting coincidence?
>On April 12, Coinbase updated their user agreement to take effect TODAY, May 15, with new language about waiving some rights to class action lawsuits and jurisdiction selection.
https://bsky.app/profile/jsweetli.bsky.social/post/3lp7sw647...
This should be illegal.
1 day after they were emailed.
Also, "Coinbase had detected the breach independently in previous months", aren't they required to disclose this? In the EU they are: Every EU institution must do this within 72 hours of becoming aware of the breach, where feasible
The classic added arbitration clause after a massive breach. Happened with Sony and iirc Valve (through Steam) off the top of my head.