Coinbase Assisted Authorities in $225 Million Cryptocurrency Seizure United States authorities, with the assistance of cryptocurrency exchange Coinbase, have seized $225 million worth of digital assets allegedly stolen through "pig butchering" investment scams, announced the U.S. Department of Justice on June 25, 2025. This seizure represents the
Despite FBI warnings, Coinbase users continue to fall victim to massive scams, causing annual losses exceeding $330 million according to cryptocurrency researcher ZachXBT. Data published by the blockchain investigator reveals that an additional $45 million worth of cryptocurrency was stolen through social engineering techniques in just the past week, primarily
Coinbase entered into an agreement on May 8, 2025, to acquire Deribit, the world's leading crypto options exchange, for $2.9 billion, consisting of $700 million in cash and 11 million shares of Coinbase Class A common stock. The transaction significantly advances Coinbase's derivatives business, establishing
