Coinbase what?, nice business strategy but wowow

In April, Coinbase announced changes to its user agreement that added two clauses limiting class action lawsuits and requiring lawsuits to be filed in New York. The changes apply to disputes initiated after May 15.

On May 14, Coinbase disclosed a data breach. https://t.co/ffMR2K4YRo

Molly White

Coinbase what?, nice business strategy but wowow

https://x.com/molly0xfff/status/1924636577864581388?s=46

Coinbase logo&nbsp; 4/12/2025

Update to the Coinbase User Agreement

We are emailing you about an important upcoming update to the Coinbase User Agreement. This update will revise our Arbitration Agreement with you. We made these updates to streamline the process for resolving disputes.

You can read the entire agreement here. The revised terms are in sections 9.9, 9.10 and Appendix 6.

These terms apply only to disputes that you or we initiate after May 15, 2025. The current terms will continue to apply until May 15.

Please make sure you read the updated User Agreement.

Thank you for being part of the crypto economy!

Team Coinbase

9.9. Class, Collective, Representative, and Mass Action Waiver and Jury Trial Waiver. You and Coinbase agree that, except as specified in the Batch Arbitration Provision set forth above, each of us may bring claims against the other only on an individual basis and not on a class, representative, or collective basis or as part of a mass action (such as a mass arbitration), and the parties hereby waive all rights to bring or to participate in such actions in arbitration or in court to the maximum extent permitted by applicable law. This provision does not prevent you or Coinbase from participating in a class-wide settlement of claims. YOU AND WE AGREE TO WAIVE OUR RIGHTS TO A JURY TRIAL. To the extent that any Dispute proceeds in court, and to the maximum extent permitted by applicable law, you and we agree to waive any right to a jury trial and have such matter resolved by a judge (also known as a bench trial).

9.10 Forum Selection. Unless you and Coinbase agree otherwise, to the maxim