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State: 17.08.2024 | 11PM
Tue, 01.10.2024       Coinbase Global
US19260Q1076

NEW YORK, Sept. 30, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against:

Coinbase Global, Inc. (NASDAQ: COIN)

Please contact fletcher@fmoorelaw.com if stock purchased before April 14, 2021.

Moore Law, PLLC is investigating alleged false and/or misleading statements and/or a failure to disclose that: (1) in 2020, the United Kingdom's Financial Conduct Authority ("FCA") had deemed efforts by Coinbase's British unit, CB Payments Limited ("CBPL"), to prevent criminals from using its platform, to be inadequate; (2) as a result, the FCA reached an agreement with CBPL, which put requirements in place that were designed to prevent high risk customers from using CBPL's platform; (3) CBPL then breached that agreement, which resulted in 13,416 high risk individuals receiving services; (4) the foregoing resulted in an undisclosed heightened regulatory risk; and (5) as a result, Coinbase statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

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