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Coinbase says it strongly believes US SEC investigation should not continue

Coinbase says it strongly believes US SEC investigation should not continue

(Reuters) -Coinbase said on Thursday it strongly believes a regulatory investigation by the U.S. securities regulator into its disclosures of monthly transacting users should not continue. The statement follows a New York Times (NYSE:NYT) report that said the U.S. Securities and Exchange Commission is investigating whether Coinbase (NASDAQ:COIN)’s user numbers in past disclosures were accurate ...

2025-05-16 06:18:42
Thoma Bravo divests all its stake in exchange operator Nasdaq, source says

Thoma Bravo divests all its stake in exchange operator Nasdaq, source says

By Jaiveer Shekhawat and Pritam Biswas (Reuters) -Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for approximately $3.4 billion in two separate transactions, a source familiar with the matter told Reuters on Thursday. A block of approximately 25.5 million shares was divested on Tuesday, sold to JPMorgan for $80.68 each, according to the source. Earlier, the PE firm had sold ...

2025-05-16 06:17:32
Coinbase stock falls amid SEC user numbers investigation

Coinbase stock falls amid SEC user numbers investigation

Investing.com -- Shares of Coinbase (NASDAQ: NASDAQ:COIN) dropped 6.5% after reports emerged that the Securities and Exchange Commission (SEC) is investigating the cryptocurrency exchange for potentially misstating its user numbers. The New York Times (NYSE:NYT) reported that the SEC’s inquiry, which began during the Biden administration and has continued under the Trump administration, is exa ...

2025-05-16 06:16:25
Coinbase warns of up to $400 million hit from cyberattack

Coinbase warns of up to $400 million hit from cyberattack

By Niket Nishant and Chris Prentice (Reuters) -Coinbase forecast a hit of $180 million to $400 million from a cyberattack that breached account data of a "small subset" of its customers, the crypto exchange said in a regulatory filing on Thursday. The company received an email from an unknown threat actor on May 11, claiming to have information about certain customer accounts as well as internal d ...

2025-05-16 06:15:25