Coinbase drops 7% on customer breach, SEC probe into user numbers

Coinbase stock dipped after news broke of a cyberattack that exposed customer data and an ongoing Securities and Exchange Commission investigation over misstated user numbers in 2021. The double whammy of bad news rattled investors as company stock (COIN) slid 7% in a fall to $244 in after-hours trading on May 15, according to Google Finance.   Coinbase stock 24 hours source: https://cointelegraph.com/news/coinbase-drops-7-on-staff-breach-sec-probe-into-user-numbers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound