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SEC is investigating whether Coinbase misstated user numbers

SEC is investigating whether Coinbase misstated user numbers: Report

According to a New York Times report, the U.S. Securities and Exchange Commission (SEC) is investigating whether the Coinbase (Nasdaq: COIN) crypto exchange overstated its user numbers in past filings and public statements.

Bloomberg · 1d

Coinbase Says It’s Cooperating With SEC on User Metrics Probe

Coinbase Global Inc. is cooperating with the US Securities and Exchange Commission on an agency probe into its previously reported user metrics, the company said Thursday.

CoinDesk · 1d

SEC Is Probing Coinbase Over User Number Misstatement Concern

The investigation began under former SEC Chair Gary Gensler and has continued under the current administration, according to the NYT, which first reported the story.

Coinbase, crypto and Data Breach

Investopedia on MSN · 2d

Coinbase Stock Slips as Crypto Exchange Informs SEC of Customer Data Breach

Coinbase Global stock fell Thursday after the company said in a regulatory filing that it had been the victim of a cyberattack.

Fox Business on MSN · 1d

Coinbase estimates cyberattack could cost crypto exchange up to $400M

Coinbase Global shares fell on Thursday after the crypto exchange said a recent cyberattack that breached customer account data could cost up the company up to $400 million.

The Wall Street Journal on MSN · 1d

Coinbase Says Cybercriminals Stole Customer Data, Sought Ransom

The cryptocurrency exchange estimated preliminary expenses of $180 million to $400 million for remediation costs and voluntary customer reimbursements.

CoinDesk22h

Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN

A sharp sell-off in Coinbase (COIN) stock may be an overreaction to two pieces of bad news that hit on the same day, ...

22hon MSN

Coinbase Stock Is Bouncing Back. What Analysts Are Saying After Thursday’s Bad News.

Coinbase said in a blog post Thursday that the breach began when a cyberattacker bribed overseas support workers to obtain ...

American Banker16h

Coinbase breach highlights insider threat risks for financial sector

Bribed overseas contractors accessed internal systems, triggering a months-long breach with costs reaching up to $400 million.

Compliance Week19h

Coinbase faces a leftover SEC probe as crypto enforcement loses steam

After dismissing its lawsuit against the crypto exchange Coinbase in March, a second investigation into the exchange by the Securities and Exchange Commission has surfaced, according to a report from ...

20h

Bitcoin holds, gold falls, Coinbase rebounds from SEC pressure

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute. Bitcoin ...

The Financial Express23h

Coinbase warns of up to $400 million hit from cyberattack, Internet blames KYC for it

The hack involved the payment of multiple contractors and employees working in support roles outside the U.S. to gather ...

Cryptopolitan on MSN1d

Coinbase stock could jump 20% after overblown sell-off

Shares of Coinbase took a sharp dive on Thursday, falling 7.2% after the company admitted that cybercriminals had bribed ...

Coingape1d

Coinbase Stock Drops 7% Amid Cyberattack and SEC Probe

Coinbase stock dips after cyber attack and SEC probe into user metrics. The company faces a $400M fallout and scrutiny.

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