Coinbase hit by revived SEC probe as stock sheds monthly gains in single-day drop

A New York Times report has disclosed that the US Securities and Exchange Commission (SEC) is investigating Coinbase. The report published on May 15 stated that the SEC is investigating whether claims of having over 100 million users are misrepresentations. According to the report, the investigation started under the Joe Biden administration when Gary Gensler […] source: https://www.cryptopolitan.com/coinbase-hit-by-revived-sec-probe-as-stock-sheds-monthly-gains-in-single-day-drop/