Coinbase Faces Lawsuit Over Alleged Breach of Illinois Biometric Privacy Laws

• Coinbase was sued in Illinois for collecting facial biometric data without user consent.
• Over 10,000 arbitration claims were dismissed as Coinbase allegedly avoided paying fees.
• Plaintiffs seek up to $5,000 per violation under the Illinois Biometric Information Privacy Act.

Cryptocurrency exchange Coinbase users have filed a class-action lawsuit in the U.S. District Court for the Northern District of Illinois, claiming the company violates the state’s Biometric Information Privacy Act (BIPA) requirements. According to Scott Bernstein, Gina Greeder, and James Lonergan, Coinbase requires users to submit a government-issued photo ID and a selfie, which the platform scans using third-party facial recognition software.

The lawsuit filed on May 13 states that Coinbase did not inform users of its biometric information or retention schedule before collecting, storing, and using their facial data. The plaintiffs claim that Coinbase did not notify users before collecting or processing their biometric identifiers. They also claim that Coinbase did not provide a publicly available policy detailing how long the data would be kept or how it would be destroyed, which is a…

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