An Iranian man living in Spain has brought High Court proceedings against Coinbase over the alleged wrongful freezing, retention, and seizure of cryptocurrency assets valued at more than €2 million. Ali Asghar Afrouz, now based in Marbella, claims his crypto deposits stem from the sale of a beachfront property in Iran in 2022, and constitute his personal life savings and retirement fund.  The 74-year-old, who moved to Europe in 2022, is seeking orders to restore his Coinbase account, closed in July 2025, so he can withdraw his digital assets. The proceedings are brought against the Irish-based subsidiary, Coinbase Europe Ltd,…

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