The São Paulo Court ruled against Coinbase, in the case of $100,000 for hostage hacking

The State of São Paulo Court ruled that Coinbase had lost a claim in a case involving $100,000 in trust hackers. Although Coinbase does not control the user ' s wallet, the award may set a precedent for liability for companies that provide self-custody tools, even if they participate only as software providers. The case may have far-reaching implications for the legal liability of the encrypted money industry。