Posted 11/28/2023, 7:30:22 PM
Coinbase Receives CFTC Subpoena for Bybit Customer Data, Notifies Some Users Their Info May Be Shared
- Coinbase received subpoena from CFTC requesting customer account information related to investigation of crypto exchange Bybit
- Coinbase emailed some users that their data may be shared with CFTC to comply with subpoena
- It's unclear exactly what data was requested or how many Coinbase users are impacted
- Some speculate subpoena targets Coinbase users who also had Bybit accounts to prove Americans accessed Bybit without KYC
- Coinbase working to limit data shared; no lawsuit filed against Bybit yet by CFTC