Breaking: SEC investigating Coinbase over discontinued “verified user” claims

SEC investigating Coinbase over discontinued “verified user” claims

per NYT. Probe began under Biden, continues under Trump.

Crypto giant calls it a “holdover” issue

• SEC questions Coinbase’s old user metrics in ongoing probe.

• Company stopped reporting “100M users” figure in 2023.

• Coinbase added to S&P 500 amid regulatory scrutiny.

Source: X