<ul><li>Coinbase is facing a proposed class-action lawsuit due to a recent data breach and UK regulatory issue that caused a stock drop.</li><li>The lawsuit alleges that Coinbase's stock declined after it disclosed the breach and a violation of a UK agreement, seeking damages for affected shareholders.</li><li>The data breach involving internal systems and a $20 million extortion demand led to a 7.2% drop in Coinbase shares, impacting investor confidence.</li><li>Coinbase also faces scrutiny over breaching a voluntary agreement with the UK Financial Conduct Authority, leading to legal challenges and potential financial repercussions.</li></ul>

Data Breach Fallout: Coinbase Sued Over Hidden UK Regulator Deal

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