Coinbase Global, Inc.

Ticker: COIN

Class Period Start: 04/14/2021

Class Period End: 07/26/2022

Registration Deadline: 10/03/2022

A securities class action has been filed in the USDC, NJ against Coinbase Global, Inc. (COIN) on behalf of purchasers of the securities of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021 and July 26, 2022, both dates inclusive (the “Class Period”)

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • Coinbase custodially held crypto assets on behalf of its customers, which assets Coinbase knew or recklessly disregarded could qualify as the property of a bankruptcy estate, making those assets potentially subject to bankruptcy proceedings in which Coinbase’s customers would be treated as the Company’s general unsecured creditors;
  • Coinbase allowed Americans to trade digital assets that Coinbase knew or recklessly disregarded should have been registered as securities with the SEC;
  • the foregoing conduct subjected the Company to a heightened risk of regulatory and governmental scrutiny and enforcement action; and
  • as a result, the Company’s public statements were materially false and misleading at all relevant times.

As a result of Defendants’ wrongful acts and omissions, and the precipitous decline in the market value of the Company’s securities, Plaintiff and other Class members have suffered significant losses and damages.

If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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