{"id":27664,"date":"2026-05-06T06:54:16","date_gmt":"2026-05-06T06:54:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/coinbase-sued-by-anonymous-whale-over-frozen-dai-from-55m-scam\/"},"modified":"2026-05-06T06:54:31","modified_gmt":"2026-05-06T06:54:31","slug":"coinbase-sued-by-anonymous-whale-over-frozen-dai-from-55m-scam","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/coinbase-sued-by-anonymous-whale-over-frozen-dai-from-55m-scam\/","title":{"rendered":"Coinbase sued by anonymous whale over frozen DAI from $55M scam"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>An anonymous crypto investor sued Coinbase on Monday over funds linked to a 2024 DAI phishing theft.<\/strong><\/p>\n<div id=\"cn-block-summary-block_eec6f868d0a10761f02b5e42c63b69eb\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Crypto whale claims Coinbase froze DAI tied to phishing theft but refused to return funds.<\/li>\n<li>Plaintiff says Inferno Drainer attack stole about $55 million in DAI after fake login page.<\/li>\n<li>Case could test how exchanges handle frozen crypto when victims provide ownership proof after thefts.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The plaintiff claims the exchange froze traceable assets but refused to return them without a court order.<\/p>\n<p>The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.courtlistener.com\/docket\/73294035\/1\/b-v-coinbase-global-inc\/\" target=\"_blank\" rel=\"nofollow\">lawsuit<\/a> names Coinbase and an unknown alleged thief. The plaintiff, identified as \u201cD.B.,\u201d claims he lost about $55 million in DAI after logging into a fake page that gave an attacker access to his wallet.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Plaintiff claims stolen DAI reached Coinbase<\/strong><\/h2>\n<p>The complaint says the attack took place on Aug. 20, 2024. The alleged thief used Inferno Drainer, a phishing tool linked to wallet-draining attacks, to move DAI from the plaintiff\u2019s wallet.<\/p>\n<p>The filing says blockchain security firm Zero Shadow later traced part of the stolen funds to a Coinbase retail account. Coinbase froze the assets after receiving notice, but the exchange allegedly declined to release them without a court order.<\/p>\n<p>D.B.\u2019s lawyers said Coinbase acted properly when it first froze the funds. However, they claimed its position later became \u201cunreasonable\u201d after the plaintiff gave sworn proof of ownership.<\/p>\n<p>The plaintiff is asking the court to order Coinbase to return the traceable stolen assets. The amount held in the Coinbase account was not disclosed in the public filing.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Case mirrors earlier $55M DAI theft<\/strong><\/h2>\n<p>The redacted case closely matches a major DAI phishing theft reported in August 2024. At that time, a whale address lost $55.47 million in DAI after signing a fraudulent transaction, according to a related report on the incident.<\/p>\n<p>The new lawsuit appears tied to the same 2024 attack. Its report said the victim hired on-chain investigators and that the stolen funds were later linked to a Coinbase account.<\/p>\n<p>The alleged attack involved a fake DeFi Saver login page. The victim claims he failed to notice that the site ended in \u201c.app\u201d instead of the correct domain.<\/p>\n<p>The attacker then moved the funds through other wallets and laundering tools. The lawsuit now places the recovery fight before a federal court rather than leaving it to private talks with the exchange.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Fraud recovery questions move to court<\/strong><\/h2>\n<p>The case centers on a common issue in crypto theft recoveries. Exchanges may freeze suspicious funds when victims or investigators raise alerts, but they often require legal orders before releasing assets.<\/p>\n<p>That process can protect exchanges from returning funds to the wrong party. It can also delay recovery for victims who claim clear ownership of traceable assets.<\/p>\n<p>The broader fraud backdrop remains serious. A recent crypto scam report noted that the FBI\u2019s 2024 IC3 data recorded $16.6 billion in total scam losses, with crypto investment fraud making up $5.8 billion.<\/p>\n<p>Another related update noted that U.S. Treasury officials flagged mixers, DeFi tools, and cross-chain systems as channels that criminals can use to move stolen crypto.<\/p>\n<p>Coinbase had not issued a public response in the reports reviewed at the time of writing. The court will now weigh whether D.B. has shown enough proof to recover the frozen DAI.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>An anonymous crypto investor sued Coinbase on Monday over funds linked to a 2024 DAI phishing theft. Summary Crypto whale claims Coinbase froze DAI tied to phishing theft but refused&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=27664"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27664\/revisions"}],"predecessor-version":[{"id":27665,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27664\/revisions\/27665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6987"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=27664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=27664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=27664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}