A class-action lawsuit has been filed by a group of Coinbase users from Illinois, alleging that the crypto exchange's identity verification process violates the state's Biometric Information Privacy Act (BIPA). The lawsuit claims that Coinbase's collection of faceprints for Know Your Customer requirements violates BIPA as users were not properly notified. The plaintiffs argue that Coinbase failed to inform users about the collection, storage, and sharing of their biometric data. Additionally, they claim that Coinbase shares biometric data with third-party vendors without user consent. The lawsuit seeks relief for violating state biometric privacy laws and consumer fraud, with the group requesting $5,000 per willful violation found. Coinbase has faced multiple lawsuits recently, including allegations of data leaks and BIPA violations. Read more AI-generated news on: https://app.chaingpt.org/news