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Kuehn Law Encourages Investors of Coinbase Global, Inc. to Contact Law Firm

1. Kuehn Law is investigating potential fiduciary breaches by Coinbase executives. 2. Coinbase misrepresented regulatory compliance related to UK FCA agreements. 3. High-risk individuals allegedly received services despite compliance failures. 4. This lawsuit raises concerns about Coinbase's business integrity and regulatory risk.

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FAQ

Why Very Bearish?

The lawsuit highlights serious compliance issues, similar to past regulatory scrutiny affecting stock prices. Coinbase's reputation and stock performance could be jeopardized.

How important is it?

The article discusses a significant legal issue that could severely impact Coinbase's credibility and financial standing.

Why Short Term?

Immediate effects are likely as legal uncertainties can impact investor confidence. Similar lawsuits have prompted rapid sell-offs in tech stocks.

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, /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Coinbase Global, Inc. (NASDAQ: COIN) breached their fiduciary duties to shareholders.  According to a federal securities lawsuit, Coinbase insiders caused the company to misrepresent or fail to disclose that (1) In 2020, the United Kingdom's Financial Conduct Authority ("FCA") had deemed efforts by CB Payments Limited ("CBPL"), part of the Coinbase Group, 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, which resulted in 13,416 high risk individuals receiving services; (4) the foregoing resulted in an undisclosed heightened regulatory risk; and (5) as a result, statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. If you currently own COIN and purchased prior to April 14, 2021 please contact Justin Kuehn, Esq. here, by email at [email protected] or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.  Why Your Participation Matters: As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™  For additional information, please visit Shareholder Derivative Litigation - Kuehn Law. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts:Kuehn Law, PLLCJustin Kuehn, Esq.53 Hill Street, Suite 605 Southampton, NY 11968[email protected](833) 672-0814 SOURCE Kuehn Law, PLLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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