Coinbase Global, Inc.

Background

Company Name	Coinbase Global, Inc.
Stock Symbol	COIN
Class Period	April 14, 2021 to July 25, 2024
Lead Plaintiff Motion Deadline	November 12, 2024

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If you suffered a loss on your Coinbase Global, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Shares Purchased

Number of Shares	Buy Date	Price Per Share	Add
Purchased quantity	Purchased month Purchased day Purchased year

Shares Sold

Number of Shares	Sell Date	Price Per Share	Add
	Sold month Sold day Sold year

Additional Comments

Background

On July 25, 2024, the United Kingdom’s financial regulator, the Financial Conduct Authority (“FCA”) announced that Coinbase’s UK-based subsidiary CB Payments Ltd. (“CBPL”) had been fined £3,503,546 for “repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers.”

On this news, Coinbase’s stock price fell $13.52, or 5.5% to close at $231.52 per share on July 25, 2024, thereby injuring investors.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) In 2020, after investigation, the FCA had deemed efforts by CBPL to prevent criminals from using its platform, to be inadequate; (2) as a result, the FCA reached an agreement with CBPL, which put requirements in place that were designed to prevent high risk customers from using CBPL’s platform; (3) CBPL then breached that agreement, which resulted in 13,416 high risk individuals receiving services; (4) the foregoing resulted in an undisclosed heightened regulatory risk; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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