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COIN Investors Have Opportunity to Lead Coinbase Global, Inc. Securities Fraud Lawsuit | PR Newswire [Video]

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Company Formation

, /PRNewswire/ — Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Coinbase Global, Inc. (“Coinbase” or the “Company”) (NASDAQ: COIN).

Class Period: April 14, 2021July 25, 2024

Lead Plaintiff Deadline: November 12, 2024

Investors suffering losses on their Coinbase investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to [email protected].

The complaint filed allegesthat, throughout the Class Period, 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, …

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