Tripp Levy PLLC, a new York based, leading national securities and shareholder rights law firm, announced last week that it is investigating Coinbase, Inc. for allegedly making false and misleading statements to prospective and current users of Coinbase’s Bitcoin Exchange regarding its business. On January 26, 2015, Coinbase announced that

Bitcoin exchanges, which were initially established to bypass unnecessary bank fees and regulation, are now seeking government approval. Bitcoin enthusiasts were originally driven by the fact that its value wasn’t tied to government policies or geopolitical factors. Last week cryptocurrency prices surged following the promises of licensing and regulation (30%