Coinbase Faces Lawsuit Over Alleged Securities Misrepresentation and Data Breach

Cryptocurrency exchange Coinbase is embroiled in a class-action lawsuit stemming from investor claims of misleading public statements by the company, particularly concerning its subsidiary CBPL. This suit, filed in Pennsylvania, targets individuals and entities who bought Coinbase stock between April 14, 2021, and May 14, 2025. The FCA’s recent £3.5 million fine on CBPL for providing services to high-risk customers has also triggered a share decline, highlighting the impact of regulatory scrutiny.