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Ryan Dellone alleged that Coinbase failed to protect his personal information and failed to use the information it had gathered on him and his interactions with the Coinbase system to detect obviously fraudulent attempts to gain access to his account. Log In. Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Hackers broke into the account in December , converted all of his assets into bitcoin, and transferred the bitcoin into their Coinbase accounts, according to a complaint filed Tuesday
