According to data obtained by the New York Times, Coinbase’s Black employees are paid as much as 7% less than other employees in similar jobs, and women are paid as much as 8% less than men in comparable positions. Coinbase’s pay disparity for women appears to be 80 times larger than the tech industry average.

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Coinbase underpays women and Black employees

Cryptocurrency start-up Coinbase allegedly underpays its women and Black employees, according to the New York Times. The Times received Coinbase pay data from as recently as 2018, and had it analyzed by an economist who has done statistical analysis for lawsuits about pay bias.

Coinbase’s gender pay disparities appears larger than disparities at Google and Oracle, which have both faced lawsuits over discriminatory pay.

Black employees have spoken up about unfair treatment at Coinbase in the past. According to a November 2020 report by the New York Times, up to 75% of of Coinbase’s Black employees left, quit, or were fired by the company in 2018 and 2019 after allegedly experiencing racist treatment. One employee said:

“Most people of color working in tech know that there’s a diversity problem. But I’ve never experienced anything like Coinbase.”

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Our California employment attorneys – with over 50 years of collective experience litigating under California employment law – know how to fight for employees’ rights and get them the money they deserve. We’ve recovered tens of millions of dollars for California employees and represent individuals as well as class actions in virtually every area of California employment and labor laws: California overtime lawoff the clock violations in CA, breach of contract disputes, California independent contractor lawsexual harassment, employee misclassification, discrimination, as well as mass layoffs in violation of the California WARN Act. Our California employment lawyers are repeatedly recognized for their expertise litigating in California. Founding partner Eric Gibbs has been selected as one of the Top Plaintiff Lawyers in California. And seventeen of the firm’s attorneys were selected as Northern California Super Lawyers and Rising Stars, a distinction received by less than 5% of attorneys in Northern California.

Our Employment Discrimination Attorneys

Steven Tindall

Steven Tindall has specialized in employment and class action litigation for over twenty years. He has been lead or co-lead counsel on several cases that resulted in settlements worth over $1 million.

Linda Lam

Linda Lam focuses her practice on representing consumers, small businesses, and employees in complex litigation. Previously, she represented workers and retirees at a national employment law firm.

Steve Lopez

Steve Lopez represents consumers, employees, and whistleblowers harmed by corporate misconduct. He has prosecuted a variety of consumer protection and complex employment cases.

Aaron Blumenthal

Aaron Blumenthal represents consumers, employees, and whistleblowers in class action and other complex litigation.

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Gibbs Law Group is a California-based law firm committed to protecting the rights of clients nationwide who have been harmed by corporate misconduct. We represent individuals, whistleblowers, employees, and small businesses across the U.S. against the world’s largest corporations. Our award-winning lawyers have achieved landmark recoveries and over a billion dollars for our clients in high-stakes class action and individual cases involving consumer protection, data breach, digital privacy, and federal and California employment lawsuits. Our attorneys have received numerous honors for their work, including “Top Plaintiff Lawyers in California,” “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” “Best Lawyers in America,” and “Top Cybersecurity/ Privacy Attorneys Under 40.”