Ari Paul(@AriDavidPaul):Coinbase “lost” $25m of my firm’s a couple years ago. Turned out they were actually covering up massive and repeated hacks. Still wouldn’t return our money. We traced this to at least a dozen other affected firms and over $1b covered up. That’s all I can say for now as multiple legal processes still ongoing.

Ari Paul

@AriDavidPaul

Lifelong student. Practical idealist. Founder of BlockTower. Board of Strobe VC.

Joined March 2017

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Ari Paul@AriDavidPaul

2026.09.28 23:21

Coinbase “lost” $25m of my firm’s a couple years ago. Turned out they were actually covering up massive and repeated hacks. Still wouldn’t return our money. We traced this to at least a dozen other affected firms and over $1b covered up. That’s all I can say for now as multiple legal processes still ongoing.

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