Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Coinbase Global, Inc. (“Coinbase” or “the Company”) (NASDAQ: COIN). Investors who purchased Coinbase securities are encouraged to obtain additional information and assist the investigation.

The investigation concerns whether Coinbase has violated federal securities laws.

Investigation Details

On May 15, 2025, Coinbase Chief Executive Officer Brian Armstrong announced in a social media post that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the information. Armstrong said that criminals had obtained the data by bribing Coinbase customer service agents. On this news, Coinbase’s stock price fell sharply during intraday trading on May 15, 2025.

What’s Next?

If you are aware of any facts relating to this investigation or purchased Coinbase securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660