High Cex incident Source: Protos

Ari Paul says Coinbase lost his $25M, covered up $1B in hacks

BlockTower Capital founder Ari Paul accused Coinbase of losing $25 million of his firm's funds and covering up over $1 billion in hacks. He stated that multiple legal processes are ongoing and Coinbase has not returned the funds.

Estimated loss
$25,000,000
Protocols
Coinbase
Confidence
High
First seen
29 Sep 2026, 13:30 UTC

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