Rachell Medero/Digital Wealth Academy
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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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