<ul><li>Coinbase and two executives facing proposed class-action lawsuit filed by investor Brady Nessler over stock drop following data breach and FCA penalty.</li><li>Coinbase disclosed a data breach targeted in a $20 million extortion attempt, leading to a sharp drop in share price.</li><li>FCA fined Coinbase $4.5 million in July 2024 for onboarding high-risk customers, causing a drop in stock price, according to the lawsuit.</li><li>Investors seek damages for stock price drop, claiming Coinbase failed to disclose FCA breach during its IPO in April 2021.</li></ul>

Coinbase Faces Lawsuit over Stock Drop Following Data Breach and FCA Penalty

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