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Canadian bitcoin firm Coinkite facing class-action lawsuit after $140-million hack

Editor-in-Chief · Saturday, October 24, 2026 at 12:15 AM · 1 min read

Canadian bitcoin firm Coinkite facing class-action lawsuit after $140-million hack — Globe and Mail Business, Fleming Island Business news — Image: Globe and Mail Business

A proposed class-action lawsuit has been filed against Toronto-based crypto wallet maker Coinkite Inc., alleging that negligence by the company and its co-founders allowed hackers to steal more than US$140-million worth of bitcoin from users.

Canadian bitcoin firm Coinkite facing class-action lawsuit after $140-million hack

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