Law firm Frank R. Cruz announces investigation of Coinbase Global, Inc. (COIN) on behalf of investors

On July 25, 2024, the UK Financial Conduct Authority (“FCA”) announced that Coinbase’s UK-based subsidiary, CB Payments Ltd. (“CBPL”), had been fined £3,503,546 for “repeatedly breaching a requirement that prevented the firm from providing services to high-risk customers.”

On this news, Coinbase’s share price fell by $13.52, or 5.5%, to close at $231.52 per share on July 25, 2024, hurting investors.

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If you purchased Coinbase securities, have information or would like to learn more about these claims, or have any questions about this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067, at 310-914-5007, by email at [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

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View original version on businesswire.com:

Coinbase stock at the time of publication of the news with an increase of +1.56 % up to 165.0USD
on the Nasdaq stock exchange (September 19, 2024, 1:47 a.m.).

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