Coinbase Hit With Record 12,716 Government Requests in 2025

Coinbase received 12,716 government and law enforcement information requests between October 2024 and September 2025, marking a 19% year-over-year increase and the highest volume in the exchange’s history.

International requests accounted for 53% of the total, a new high, with France leading jurisdictions outside the U.S. with a 111% surge in demand for customer data.

These six countries combined accounted for roughly 80% of all law enforcement requests globally. The U.K. and Spain also posted double-digit gains, rising 16% and 27% respectively. Germany, Sweden, and South Korea recorded decreases, with South Korea’s requests dropping 67%.

The United States remained the largest single source of requests, followed by Germany, the United Kingdom, France, Spain, and Australia.

France Drives International Demand, U.S. Still Dominates

In November, the exchange’s European arm agreed to pay €21.5 million to Ireland’s Central Bank after coding errors left 31% of transactions, worth more than $202 billion, unscreened for money laundering between 2021 and 2022. The malfunction affected five of 21 transaction-monitoring scenarios, forcing Coinbase to reanalyze 185,000 transactions and file 2,700 suspicious transaction reports.

The rising demand for user data comes amid regulatory penalties and internal security lapses that have damaged Coinbase’s compliance reputation.

Compliance Under Fire After Fines and Data Breach

In May, the exchange disclosed a cyberattack compromising the personal data of at least 69,461 customers, including government-issued IDs and email addresses, after hackers bribed customer service staff.

Shareholders later filed a separate suit alleging that Coinbase and its CEO, Brian Armstrong, failed to promptly disclose both the breach and the UK compliance violation, contributing to a 7.2% drop in the company’s stock.

Just last year, Coinbase’s UK subsidiary was fined £3.5 million by the Financial Conduct Authority for onboarding over 13,000 high-risk customers in violation of a voluntary restriction, facilitating nearly $226 million in transfers.