NEW YORK, NY / ACCESS Newswire / May 21, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Coinbase Global, Inc. ("Coinbase Global, Inc.") (NASDAQ:COIN) concerning possible violations of federal securities laws.

Coinbase Chief Executive Officer Brian Armstrong announced in a social media post on May 15, 2025, that criminals had improperly obtained personal data on the exchange's customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the information. Armstrong said that criminals had obtained the data by bribing Coinbase customer service agents.

Following this news, Coinbase's stock price fell sharply during intraday trading on the same day. To obtain additional information, go to:

https://zlk.com/pslra-1/coinbase-global-inc-lawsuit-submission-form?prid=149582&wire=1&utm_campaign=61

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.Ed Korsinsky, Esq.33 Whitehall Street, 17th FloorNew York, NY 10004jlevi@levikorsinsky.comTel: (212)363-7500Fax: (212)363-7171https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

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