From Barchart: 2025-06-04 18:00:00

Coinbase Global, Inc. (NASDAQ:COIN) is facing investigation by Pomerantz LLP for potential securities fraud after a data breach. The breach, caused by a cybercriminal exploiting a vulnerability, led to a ransom demand and a 7.2% drop in Coinbase’s stock price. CEO Brian Armstrong sold 22,089 shares of Class A Common Stock at $256.21 per share, reflecting a 1.04% decrease.



Read more at Barchart:: Coinbase Global, Inc. (NASDAQ:COIN) Faces Legal Sc…