Coin

<ul class="news-points"> 
 <li><strong>Coinbase received a subpoena from the CFTC seeking information about users who had interactions with Bybit.</strong></li> 
 <li><strong>The CFTC has launched an investigation on Bybit in an attempt to prove its connection with U.S. customers.</strong></li> 
 <li><strong>If the court doesn’t reverse the subpoena, Coinbase will submit information about certain accounts.</strong></li> 
</ul> 
<p>The Commodity Futures Trading Commission (CFTC) has recently launched an investigation against the crypto exchange Bybit. The matter came to light following a subpoena the regulators sent to Coinbase seeking information about Bybit users and transaction details.</p> 
<p>Coinbase customers who have had interactions with Bybit received an email from Coinbase, as notified by a user on X. According to the email, Coinbase informed its users that the platform <a href="https://coinedition.com/crypto-analyst-considers-the-cftc-and-coinbase-move-illegal/">may submit information</a> about certain customers’ accounts and their transaction details unless the court reverses the subpoena before November 30.</p> 
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   <p lang="en" dir="ltr">CFTC Subpoena to Coinbase In The Matter Of Bybit Fintech Ltd. and Ben Zhou. <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@coinbase</a> &amp; <a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Bybit_Official</a> <a href="https://t.co/uJWe1urBzi" target="_blank" rel="nofollow">pic.twitter.com/uJWe1urBzi</a></p>— Ƀitcoin Chris (@CryptoChrisG) <a href="https://twitter.com/CryptoChrisG/status/1729260646284554603?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 27, 2023</a>
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<p>Earlier this year, Bybit declared that the <a href="https://www.bybit.com/en/help-center/article/Service-Restricted-Countries" target="_blank" rel="nofollow">platform</a> does not provide serv…</p>
<p>The post <a href="https://coinedition.com/cftc-probes-bybit-seeks-coinbases-support-for-account-details/">CFTC Probes Bybit, Seeks Coinbase’s Support for Account Details</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

CFTC Probes Bybit, Seeks Coinbase’s Support for Account Details

Coin Edition

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