Coinbase is facing a class action suit over its collection and storage of user biometrics, such as fingerprints and facial scans, which claims it violated privacy laws in Illinois.
The lawsuit argues BIPA required Coinbase to gain permission from users when. Coinbase needed to also provide the purpose for collecting such data, how long it would be stored, how it would be used and how Coinbase would permanently destroy it.
“Coinbase had no written policy, made available to the public, establishing a retention schedule and guidelines for permanently destroying biometric information,” the suit argued.In a similar process used by other exchanges, the suit says Coinbase scans the photographs and creates a biometric template of a user’s face.
“If Coinbase’s database containing facial geometry scans or other sensitive, proprietary biometric data is hacked, breached, or otherwise exposed, Coinbase users have no means by which to prevent identity theft.” The filing asserted that Coinbase should have “permanently destroyed” biometric data after a user opened a Coinbase account, as such information was used for the sole purpose of opening the account.
The suit is seeking damages of $5,000 per intentional BIPA violation or $1,000 if the court finds the alleged violations were not wilful along with paying the attorneys fees and court costs of the class action.Magazine:
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