About the Investigation
If you paid hidden “spread fees” when buying or selling cryptocurrency on Coinbase, you may be entitled to compensation. We are investigating allegations that Coinbase may have initially advertised or displayed one price but then added “hidden” or “surprise” fees later in the transaction process. If proven, this practice may have changed the price that you received, costing you money.
Fill out the form to see if you qualify or continue reading to learn more.
What is This About?
Certain claimants have filed disputes challenging Coinbase’s practice of charging hidden fees on cryptocurrency trades. According to the complaints, when users bought or sold crypto on Coinbase, the company quietly added an extra fee (approximately 1%) into the price it showed buyers and/or sellers, without clearly disclosing the additional fee. That means buyers allegedly were charged about 1% more and sellers received about 1% less than the initially disclosed market price. This hidden fee, called a “spread fee” is alleged to have generated extra revenue for Coinbase at consumers’ expense.
If you bought or sold cryptocurrency on Coinbase and were harmed by this practice, our firm may be in a position to help you seek a refund and other relief.
The states we are currently accepting new clients from is limited to people to resided in the following states at the time of their Coinbase trade transactions:
- Alaska
- Colorado
- District of Columbia
- Hawaii
- Idaho
- Kansas
- Massachusetts
- Missouri
- New Hampshire
- New York
- Ohio
- Oregon
- Pennsylvania
- Rhode Island
- Virginia
- West Virginia
What Can I Do?
If you made a Coinbase transaction, you may qualify for a claim. Submit the form to see if you qualify.
What Legal Rights Do I Have?
Coinbase requires its account holders to agree to terms and conditions that require claims to be resolved through individual arbitration, rather than in court. Our law firms have extensive experience handling consumer arbitrations, and we are here to help consumers interested in presenting such claims to recover compensation for their losses.
Will This Cost Money?
You will not be responsible for any attorneys’ fees or costs unless we obtain a positive result for you. We will advance any costs to submit and resolve your claim, including any arbitration fees.
Ultimately, should you obtain recovery at an arbitration hearing or through a settlement,, we would receive a contingency fee based on the value of your recovery.
What if I Have Questions?
If you have questions, please go to our contact form.
