Coinbase Global, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of those who purchased Digital Asset Securities (including, but not limited to, ALGO, MANA, MATIC, NEAR, SOL, UNI, XLM, and XTZ, as well as Coinbase Earn Accounts) between January 1, 2017 and May 3, 2024, inclusive (the “Class Period”), against Coinbase Global, Inc., Coinbase, Inc., Coinbase Asset Management, and Brian Armstrong (together, “Defendants”). A class action lawsuit has already been filed.

If you invested in the Digital Asset Securities during the Class Period and would like to join the action, please click “Join This Class Action.”

If you purchased the Digital Asset securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, “Coinbase has knowingly, intentionally, and repeatedly violated state securities laws since it began doing business.” Further, when Coinbase became a public company, “it disclosed that its business involved selling securities but that it was not registered to do so. In drafting its User Agreement with the investors and other customers, Coinbase specifically identifies the crypto assets it sells as ‘securities.’ And yet, Coinbase has never registered itself, its people, or the crypto securities it sells.”

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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