Coinbase Says DOJ Probing Latest Attack On Its Platform, Clarifies Its Not The ‘Subject’ Of The Investigation
Posted On May 20, 2025
Coinbase Global Inc. (NASDAQ:COIN) confirmed Monday that the Department of Justice has launched an investigation into the recent cybersecurity breach at the cryptocurrency exchange.
What Happened: Coinbase’s Chief Legal Officer, Paul Grewal, acknowledged the DOJ’s involvement in the case via an X post.
“Uh, we told the authorities about the incident. We are not the subject of the investigation into the incident. Just sayin’— if facts matter,” Grewal said, emphasizing that the DOJ was …