Coinbase report shows dramatic increase in law enforcement enquiries worldwide By Cointelegraph

Coinbase (NASDAQ:) has seen information requests from law enforcement surge over the past year, the cryptocurrency exchange reported in its latest transparency report. The vast majority of the enquiries came from the United States and were tied to criminal investigations.

Coinbase’s new transparency report covers the last four quarters ending with September. In that time, the exchange received 12,320 information requests from law enforcement, an increase of about 66%. The United States accounted for 5,304, or 43%, of those requests. The United Kingdom, Germany and Spain produced between 1,000 and 2,000 requests apiece. Those four countries accounted for 80% of requests, while 57 other countries also made requests.