Coinbase Chief Legal Officer: Verified user metrics include everyone who has verified their email address or phone number with us

ChainCatcher news, Coinbase (COIN.O) Chief Legal Officer: Verified user metrics include everyone who has verified their email address or phone number with us. The investigation by the SEC is a legacy issue from the previous administration regarding our cessation of reporting two and a half years ago. We firmly believe that the SEC investigation should not continue and will continue to work towards resolving this matter.

Previous report, according to four insiders, the SEC is investigating whether Coinbase has inflated user numbers in past disclosure documents—this investigation, which began under the Biden administration, is still ongoing from the Trump era.