CATrends: Empty Space in Consumer Goods
Lawsuits aren’t giving any slack when it comes to underfilled packages.
Plaid’s Collection of Biometric Data for Cryptocurrency Companies
Case Name (Date)
Wilhelm et al. v. Plaid, Inc.
24-cv-1242, N.D. Ill.
(Feb. 2024)
Product/Service
Plaid’s collection of biometric data for cryptocurrency companies, including Banxa, Binance, Coinbase, Gemini, and Kraken
Allegations
Requiring users to upload selfies and photos from state-issued IDs when opening cryptocurrency accounts without adequately disclosing why and how long it would be collecting, storing, and using their biometric data, such as facial geometry scans
Status
Pending
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