S ã o Paulo State Court in Brazil orders Coinbase to return nearly $100000 to users

The Sao Paulo State Court in Brazil has ruled that Coinbase will return nearly $100000 to a user who claimed that funds deposited into Coinbase Wallet disappeared in unauthorized transactions. Coinbase argued that the wallet private key is controlled by the user, but failed to prove that the transaction was initiated by the wallet holder or that there were security measures in place to prevent this outcome. The court has made a judgment based on the relevant provisions of the Consumer Protection Law, requiring Coinbase to return the full amount and statutory interest. （Bitcoin.com News）