From Coinbase to Milei and LIBRA: Crypto class-action suits pile up

Class-action lawsuits against crypto-related firms are building up, with cases facing major firms such as Bakkt and Coinbase.

While crypto adoption is spreading across the globe, companies operating in the industry have increasingly become the target of class-action lawsuits.

According to a recent report from economic and financial consulting firm Cornerstone, the number of class-action lawsuits opened against crypto firms in the first half of 2025 has nearly matched last year’s total.

Investors are still holding crypto firms accountable despite the 180-degree turn in enforcement attitudes from US financial regulators such as the Securities and Exchange Commission under the administration of President Donald Trump.

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