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International Business Times
International Business Times
Business
Nica Osorio

FOUND: Coinbase alerts customers it received cftc subpoena regarding bybit transactions - What They Never Told You

KEY POINTS

  • Coinbase told its customers it has received a subpoena from the Commodity Futures Trading Commission
  • The platform warned it may have to share user account information with the CFTC
  • The news comes on heels of the historic settlement agreement between Binance and some agencies of the U.S. government

Coinbase, one of the world's largest centralized crypto exchange platforms by trading volume, informed some of its customers Monday that it has received a subpoena from the Commodity Futures Trading Commission (CFTC) in a matter concerning Bybit and its CEO Ben Zhou.

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