Why is Coinbase in trouble?

As a cryptocurrency enthusiast and finance professional, I'm curious to understand the underlying reasons behind Coinbase's recent troubles. Could you elaborate on some of the key challenges the company is facing? Are these regulatory issues, technical difficulties, or perhaps market pressures? How has the company's reputation been impacted, and what steps are they taking to mitigate these risks? Understanding the nuances of Coinbase's situation would be invaluable for anyone involved in the crypto space.