In the lawsuit against imToken, it is alleged that the company failed to establish and make publicly available a retention schedule for the destruction of biometric data, as required by BIPA. The lawsuit argues that imToken should have destroyed Mouser’s facial geometry scan after her identity was verified and the initial purpose for collecting the data was fulfilled.
Crypto Exchanges Facial Scans Lawsuit : Legal Implications and Class-Action Status
Both lawsuits seek to represent classes of Illinois residents who had their biometric information collected by the defendants over the past five years. The plaintiffs are seeking damages, attorney fees, and a jury trial. If successful, these lawsuits could have significant implications for how cryptocurrency exchanges handle biometric data and could lead to stricter enforcement of privacy laws in the industry.
In response to the lawsuit, a spokesperson for Marella stated that the company uses a partnered service provider for KYC procedures and only after users agree to a privacy acknowledgment. The spokesperson noted that Marella is investigating the case but has not yet received any claims from the plaintiff through their support channels. Representatives for imToken and the other parties involved have not yet commented.
