Coinbase’s “data plumber” denies storing users’ login credentials in plain text along with all the other allegations in a new class-action complaint.
A source close to Plaid — the company that serves as a “data plumber” to Coinbase, Robin Hood, Square’s Cash App and many others — denied all allegations of the class-action complaint that was recently filed.
The entire complaint hinges on the allegation that Plaid sells user data to the “highest bidder.” A Plaid spokesperson called this allegation “baseless."
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https://cointelegraph.com/news/coinbases-data-plumber-denies-all-allegations