This is a web version of
The Lever’s daily email newsletter.🔥 Today’s featured Lever story: After kneecapping and culling federal agencies, Big Business has a coordinated plan to defang government protections, state by state.
👇 Spend four minutes reading this 1,006-word newsletter to learn about:
- A lawsuit threatening Big Dialysis’ market dominance.
- The shady timeline behind a cryptocurrency platform’s major data breach.
- How American pensioners are funding Israel’s war crimes in Gaza.
- A secret Zoom recording suggesting a pay-for-play IRS audit scheme.
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TODAY'S NUGGETS
🫣 Coinbase just sold your data to scammers. Two days after cryptocurrency trading giant Coinbase went public on the S&P 500 last week, the company disclosed that “rogue overseas support agents” (read: underpaid foreign call center workers) were bribed into releasing sensitive consumer data including government ID images, account balance and transaction history, and the last four digits of their Social Security numbers. However, as Molly White from the tech accountability publication Citation Needed first reported, Coinbase admitted in its government filings that it concealed the data breach for months, later telling Bloomberg that it first noticed suspicious activity back in January. Coinbase is already facing lawsuits over the snafu, but its customers may have trouble getting restitution: The platform changed its terms of service on April 12 to limit consumers’ ability to pursue class-action suits in disputes filed after May 15. (Their announcement of the data breach came on May 14.)
