Coinbase Says SEC Investigating Its Past Reporting of User Metrics

Coinbase Global reportedly said Thursday (May 15) that it is cooperating with the Securities and Exchange Commission (SEC) on the agency’s investigation into how the cryptocurrency exchange used to report its user metrics.The company said the SEC is looking into whether Coinbase overstated the number of unique users in past disclosures, Bloomberg reported Thursday.“This is a hold-over investigation from the prior administration about a metric we stopped reporting two and a half years ago, which was fully di ...