Coinbase, a prominent cryptocurrency exchange, finds itself in a significant crisis as recent developments reveal a major security breach coupled with an ongoing investigation by the U.S. Securities and Exchange Commission (SEC). These troubling events have collectively contributed to a staggering decline in its stock price, which has plummeted by 7%. Investors are understandably concerned about the potential ramifications of both the breach and the regulatory scrutiny, leading to a lack of confidence in the company's future prospects.
source: https://voiceofcrypto.online/ampstories/web-stories/coinbase-in-crisis-breach-sec-probe-sink-stock-7