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Silver Golub & Teitell LLP has been appointed co-lead counsel on behalf of a putative class of users of the
digital asset trading platform operated by Coinbase Global, Inc. (“Coinbase”), alleging that Coinbase has
been illegally operating an unlicensed securities exchange. Plaintiffs, on behalf of themselves and the
proposed class of digital asset investors, are seeking, inter alia, rescissory damages pursuant to the
Federal Securities laws.


The case is Underwood et al. v. Coinbase Global, Inc., No. 21-cv-08353 (S.D.N.Y.) and is currently
pending before United States Judge for the Southern District of New York Paul A. Engelmayer.

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