Coinbase Faces Lawsuit Over Alleged Biometric Privacy Violations
- Coinbase is sued in Illinois for alleged violations of the Biometric Information Privacy Act (BIPA).
- The lawsuit was filed by Scott Bernstein, Gina Greider, and James Lonergan.
- Allegations include collecting facial scans without user consent during registration.
- No clear policy on data storage or destruction was provided to users.
- Potential fines could reach up to $5,000 per violation if deemed willful.
The lawsuit against Coinbase highlights significant privacy concerns within the cryptocurrency sector, particularly regarding the handling of biometric data without user consent or transparency.
Source (2.6)https://hodl.press/coinbase-accused-of-illegally-collecting-biometric-data/?rand=24434