Is it Bybits Turn after Binance Coinbase Notifies Users of Subpoenas from Law Enforcement Will Cooperate with Investigation

Foreign media The Block reported that
quoted
sources have confirmed the authenticity of the email and indicated that the email is targeted at “Coinbase users who have interacted with Bybit.” The community speculates that US regulatory authorities may be preparing legal action against the Dubai-based exchange, and requesting user data from Coinbase may be to serve as evidence of Bybit serving US customers, thereby solidifying its jurisdiction. This could potentially lead to Bybit becoming the next exchange to be investigated by the CFTC following BitMEX and Binance.