Coinbase warns prospects about subpoena in obvious CFTC Bybit probe

Coinbase (NASDAQ:) is warning that it has obtained a subpoena from the US Commodity Futures Buying and selling Fee (CFTC), based on X (previously Twitter) customers who’ve posted copies of the message. The CFTC is searching for details about the Bybit cryptocurrency trade.

Recipients have speculated that any Coinbase buyer who additionally used Bybit obtained the message. Coinbase might present data on customers’ accounts and transaction actions to the CFTC except the subpoena is reversed by a courtroom by Nov. 30, based on the Nov. 27 message.

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