Coinbase Sued by Veritaseum for $350 Million Over Alleged Crypto Payment Transfer Patent Violation

Coinbase Sued by Veritaseum for $350 Million Over Alleged Crypto Payment Transfer Patent Violation

Coinbase has found itself in legal trouble after blockchain-based software firm Veritaseum Capital filed a lawsuit in the US District Court in Delaware. Alleging that Coinbase has infringed on one of its patents, Veritaseum has asked for $350 million (roughly Rs. 2,850 crore) in damages. The patent in question is…