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Coinbase launches yet another product launched by Veritaseum in 2018
Veritaseum sued Coinbase and Circle USDC for $350 million dollars each for using their IP without a license. Their lawyer passed away so the cases are on hold.
Meanwhile, Coinbase and Perkins Coie filled an IPR petition to try and invalidate the Veritaseum patents but were denied institutions, and denied their appeal by the PTAB - Case # IPR2023-00751
That denial and their willful use of this IP could expose them to triple damages and over $1 Billion dollars.
IMPORTANT:
Coinbase's User Agreement has Indemnity and Arbitration clauses that suggest users may be responsible for these costs. - See Article in Comments.

Coinbase 🛡️@coinbase
The first ever Fannie Mae-insured mortgage backed by BTC in the U.S just got funded. Originated and serviced by Better, powered by Coinbase. Rolling out nationwide this summer.
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