Metrics, disclosures & misstatement issues

Data block

Collection item

Coinbase reportedly shifted from “verified users” to “monthly transacting users” during the period when the SEC had begun examining its public disclosures, though the company attributes the change to internal business evaluation
Coinbase discontinued the "verified users" metric in 2023, citing in public filings that it was no longer indicative of overall performance and replaced it with "monthly transacting users"
Brian Armstrong, CEO of Coinbase, publicly claimed in 2022 that the company had 103 million verified users, a figure also cited in securities filings
Coinbase reportedly defined "verified users" as individuals who verified an email address or phone number, a definition that may have overstated the number of unique customers

Data source type

Collection data source

Filter

{"where":{"AND":[{"attribute":"Jfmby78N4BCseZinBmdVov","is":"KeG9eTM8NUYFMAjnsvF4Dg"}]}}