According to a New York Times report, the U.S. Securities and Exchange Commission (SEC) is investigating whether the Coinbase (Nasdaq: COIN) crypto exchange overstated its user numbers in past filings and public statements.

The SEC declined to comment on the investigation, but Coinbase told Barron’s in an email, “this is a hold-over investigation from the prior administration about a metric we st

Coinbase Global (COIN) confirmed reports that US Securities and Exchange Commission (SEC) officials have been investigating the cryptocurrency exchange over its user metrics. Simultaneously, hackers were found to be bribing non-US Coinbase employees to gain access to customer data;