COINBASE, INC.


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"Products" offered by COINBASE, INC. with at least one, but usually more complaints:

Bank account or service - Other bank product/service
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Credit card debt
Debt collection - I do not know
Debt collection - Other debt
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Foreign currency exchange
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Traveler's check or cashier's check
Money transfer, virtual currency, or money service - Virtual currency
Other financial service - Foreign currency exchange
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Pawn loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, personal loan, or advance loan - Pawn loan
Prepaid card - General-purpose prepaid card
Prepaid card - Mobile wallet
Virtual currency - Domestic (US) money transfer
Virtual currency - International money transfer

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Complaint ID: 4540489

Date Received: 2021-07-14

Issue: Other transaction problem

Subissue:

Consumer Complaint: On XX/XX/2021 Coinbase Company said I XXXX XXXX. XXXX had insufficient funds to buy crypto currency. I have a balance of XXXX for this day, and Coinbase withdrew XXXX, XXXX, XXXX, XXXX, XXXX, for a total of XXXX withdraws of my funds on this day. There are no insufficient funds, this is an error on Coinbase. I need Coinbase to put my funds back into my XXXX XXXX XXXX bank account. I have provided Coinbase with my bank statement for XX/XX/2021 showing withdrawal of XXXX, and no insufficient funds. The easiest way to look at what happened is to look at my XXXX tokens wallet history. On XX/XX/2021 I converted XXXX to XXXX tokens. This gave me a total XXXX tokens of XXXX in my wallet. Later in the same day Coinbase XXXX from my bank account, but no tokens for the payments. My XXXX tokens balance is still at XXXX, given no tokens for the XXXX taken out of my bank account. the XXXX would have brought my XXXX tokens wallet balance of over XXXX. My XXXX wallet tokens balance is still at XXXX to this day. Coinbase Company refuse to resolved this problem.

Company Response:

State: WI

Zip: 53216

Submitted Via: Web

Date Sent: 2021-07-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4540326

Date Received: 2021-07-13

Issue: Other service problem

Subissue:

Consumer Complaint: Coinbase.com ( company ) promises {$5.00} in bitcoin when opening a new account. I opened an account in XX/XX/2021. As of today, company has not delivered on its still advertised signup bonus. Company has been contacted repeatedly but did not offer a valid explanation on its refusal to comply with its policies. My account is verified ( see screenshot ), active for trading ( see screenshot ) and not a duplicate. Company has stopped responding to emails on this subject ; open cases on this issue are now immediately closed without notice. Emails available upon request.

Company Response:

State: CA

Zip: 941XX

Submitted Via: Web

Date Sent: 2021-07-13

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4540263

Date Received: 2021-07-14

Issue: Managing, opening, or closing your mobile wallet account

Subissue:

Consumer Complaint: XXXX XXXX XXXX XXXX CT XXXX VA XXXX XXXX I need you to unlock my passcode!!! NOT password in coinbase wallet XXXX or @ XXXX I have two different coin base wallets ... with the same accounts and the same passwords. THEY DO NOT HAVE THE SAME PASSCODES Coinbase wallet number # 1 is ID XXXX or @ XXXX PASSCODE IS NOT WORKING coinbase wallet number 2 is ID @ XXXX PASSCODE IS WORKING BOTH HAVE THE SAME PASSWORDS!!!! I am able to get into @ XXXX BUT THE TOKENS ARE LOST I AM NOT ABLE TO GET INTO @ XXXX My tokens are lost

Company Response:

State: VA

Zip: 225XX

Submitted Via: Web

Date Sent: 2021-07-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4540185

Date Received: 2021-07-13

Issue: Fraud or scam

Subissue:

Consumer Complaint: Hi. COINBASE have been closing every single case that I made to fix the issue that I have with them : Case # XXXX, # XXXX, # XXXX, # XXXX, # XXXX, # XXXX, # XXXX, # XXXX, # XXXX, # XXXX, # XXXX, # XXXX and # XXXX. Thirteen single cases that they have ignored. All starts ends of XXXX, at the same time I made my first buy. I had been user since 2018, buy now is when comes the problems, with my first buy. I know they " hear my frustration and this is not the most ideal experience '', but it can not be possible that this problem be so difficult. Only verify my ID. They already have it! They tell me I should not submit multiple support requests, but I do, because they CLOSE every single case. So, that's why I open a new one every single time, because I see my case closed, and my account is still blocked. I only want to operate with my account like always did. My ID is fine, every document have been updated in your platform.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-07-13

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4537430

Date Received: 2021-07-13

Issue: Other service problem

Subissue:

Consumer Complaint: On XX/XX/2021 I block my password in my Coinbase account, I send an email and the company respond on XX/XX/XXXX under case # XXXX saying that they will work on my case to reset my password and make a follow-up as soon as they have an update. After that nobody contacted me, I called several times to Coinbase phone number XXXX XXXX and they don't give options to talk to a customer service or support. After that they send me an email with the instructions to reset my password to access to my account and doesn't work either. On the XXXX of XXXX they send me a new email saying that they send my case to an specialist who is reviewing my case ...??? until when nobody knows??? and until today nothing happens. I'll send several email with my complete name and cell number, information about my account, etc and until today nothing happens at all. I just want to access my account to check my XXXX and it is impossible with these people. I'm really frustrated, Thank you very much in advance,

Company Response:

State: FL

Zip: 33196

Submitted Via: Web

Date Sent: 2021-07-13

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4537249

Date Received: 2021-07-13

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Coin base allowed someone to change my password, access my account, and start liquidating crypto. I contacted them during the crime and requested my account be frozen. The thief has several outgoing transfer is pending which coin base thats far has blocked but I want to ensure they do not go out and I would like to salvage whatever money I have left. Coin base has not responded to any of my Messages and does not have any outgoing call center or I call XXXX or you can call him to discuss

Company Response:

State: NY

Zip: 10801

Submitted Via: Web

Date Sent: 2021-07-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4536393

Date Received: 2021-07-12

Issue: Fraud or scam

Subissue:

Consumer Complaint: I was scammed XXXX USD from transferring crypto ( ETH & BTC ) to a fake trading platform called XXXX. When I wanted to withdraw the money from XXXX, I received an error message that stated, " Your account is in an abnormal state. '' I contacted their customer service through XXXX. They responded that I needed to deposit 22 % of the principal investment due to international anti-money laundering regulations in order to proceed. Few days later, their customer service threatened me to deposit or else the account will be frozen.

Company Response:

State: NY

Zip: 11105

Submitted Via: Web

Date Sent: 2021-07-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4536017

Date Received: 2021-07-12

Issue: Fraud or scam

Subissue:

Consumer Complaint: My Coinbase account has been compromised and I am unable to log into my account. I have tried to get support to resolve the issue with no avail.

Company Response:

State: FL

Zip: 32714

Submitted Via: Web

Date Sent: 2021-07-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4535712

Date Received: 2021-07-12

Issue: Other transaction problem

Subissue:

Consumer Complaint: I opened a Crypto Currency Account with Coinbase approximately three-four years ago. During the month of XXXX XX/XX/XXXX I received several text messages of a pending withdrawal from my account. It advised that if it was not me I should click on the link. I did not do so instead removed the Coinbase App from my cell temporarily. During XX/XX/XXXX I reinstalled the Coinbase App and it did not recognize my email or password. I communicated to Coinbase of the problem at least a dozen times by email. The reply I received is that my account is locked. I have tried to have Coinbase unlock my account by way of numerous emails without a satisfactory reply and sometimes no reply from Coinbase. I do not have access to my account despite my plea. Coinbase refuse to address my issue and my funds remain in their custody for the past six months. How can I resolve this issue and or close my Coinbase account. Coinbase remain in possession of my money under the guise that my account is locked despite all my efforts to identify myself as the authorized client.

Company Response:

State: FL

Zip: 33446

Submitted Via: Web

Date Sent: 2021-07-12

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4535027

Date Received: 2021-07-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I have a Coinbase account that I had to lock myself out of due to it being hacked by an unauthorized user. I got a text in early XXXX of 2021 from Coinbase as if someone was trying to access my account. When I went online to sign in, they sent me a verification code to a phone number Ive never had ending in XXXX. I immediately disabled my account which still has {$30000.00} in there and I had one automated email from Coinbase telling me to change all my email passwords which I did, so I sent them another email explaining I did all the steps they required me to do and got one more email back from them saying they were having an account specialist look into this for me. Since then Ive sent 6 follow up emails about the status of my account and my funds and no one has gotten back to me. Ive have XXXX stored in Coinbase and about {$15000.00} in crypto just floating that I dont have access to trade or withdraw.

Company Response:

State: IL

Zip: 60048

Submitted Via: Web

Date Sent: 2021-09-10

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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