Crypto firm Coinbase hacked, faces SEC scrutiny

What happened

Coinbase, the largest U.S.-based cryptocurrency exchange, said Thursday that cybercriminals had hacked the company, stealing sensitive user data for a scheme to rob customers of crypto assets and extort the company.

The Securities and Exchange Commission is also investigating Coinbase for allegedly overstating its active users in securities filings, The New York Times reported Thursday.

Who said what

Coinbase said in an SEC filing that an undisclosed number of user names...