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Breaking: New Class Action Lawsuit Filed Against Coinbase, Brian Armstrong

Update: Coinbase, the popular cryptocurrency exchange, and its CEO Brian Armstrong are now facing a new class action lawsuit. The latest legal action accuses Coinbase of deceiving investors and violating securities laws. The lawsuit, filed by a group of individuals, claims that Coinbase misled them into buying securities. This development comes as the crypto industry faces increased scrutiny from regulators. The plaintiffs further argue that several cryptocurrencies, including Solana, Polygon, Near Protocol, Decentraland, Algorand, Uniswap, Tezos, and Stellar Lumens, should be classified as securities. Coinbase has not yet issued a public response to these allegations.