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: 4435138

Date Received: 2021-06-05

Issue: Wrong amount charged or received

Subissue:

Consumer Complaint: I was trying to buy {XXXX} worth of Bitcoin from Coinbase. I was charged three times for the Bitcoin so roughly around XXXX {XXXX}. I have not received any of the cryptocurrency but have been charged. The part that is odd to me, is that my three transactions do not show up on my recent history when on the Coinbase application. I have read online there are others with a similar story. I have contacted Coinbase but havent heard back from them since I filed a complaint with them on Thursday. I want the cryptocurrency or my money back ASAP. Thank you!

Company Response:

State: TX

Zip: 77511

Submitted Via: Web

Date Sent: 2021-06-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4434532

Date Received: 2021-06-05

Issue: Other service problem

Subissue:

Consumer Complaint: Coinbase is the company Im having an issue with. My ticket number for the complaint with coinbase support is XXXX. They have locked me out of my account, in which I have {$32000.00} since XX/XX/XXXX at XXXXXXXX XXXX when their system experienced a crash. They have no phone support and I have contacted email and XXXX support multiples times. Each time, I get the same messages from what appears to be a bot or someone sending templates. These emails tell me to do things that dont work and never lead to resolution. They send the same responses over and over. I have not experienced any fraud, of which I informed them. There is no reason why I should not be able to access my money. To this day no real human has contacted me or reached out to me. I tried to file a formal complaint snd they punted me back to support. They are holding my money hostage and there is no way to get in touch with any human being. Please help me.

Company Response:

State: MD

Zip: 21811

Submitted Via: Web

Date Sent: 2021-06-05

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4433711

Date Received: 2021-06-04

Issue: Other transaction problem

Subissue:

Consumer Complaint: Woke up one day not able to send or sell my assets on the platform. They wont let me remove them either. Reached out to them multiple times via email issue not resolved

Company Response:

State: VA

Zip: 23322

Submitted Via: Web

Date Sent: 2021-06-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4433491

Date Received: 2021-06-04

Issue: Other service problem

Subissue:

Consumer Complaint: On XX/XX/XXXX, my 2factor stopped working and it was trying to send a sms number to a phone number that does not belong. I called to suspend my account and they did. But little did I know that their support does not respond to tickets. I've read many posts where people have been trying to get their accounts back for months. It's like they are robbing people blind. I'm worried, I'll have the same issues. I've put in 5 tickets, I've emailed over and over asking for a status and I get automated replies like this one today. They do t get back to you in 4-5 days. I want to get my money out and close my account with them. Here are a few emails. I have more with the same jargon. From : Coinbase Support XXXX Sent : Friday, XX/XX/XXXX XXXX XXXX To : Subject : [ Reply ] Case # XXXX - hack Hello XXXX, We received your inquiry, and because you've previously written in about this same issue, we're consolidating your cases into this email thread. We've passed all new information on to an account specialist who is reviewing your case they'll reach out to you here ( review generally takes 4-5 business days ). All future questions about this issue should be directed to this email thread so that our account specialist can better support you. Thanks, Coinbase Support ref : XXXX : ref There help center is no help for those who are locked out From : Coinbase Support Sent : Friday, XX/XX/XXXX XXXX XXXX Subject : Case # XXXX - Account Hello, Thanks for submitting your request to Coinbase Support. We're here to help and will be in touch as soon as possible. In the meantime, you can find answers to many of your questions by visiting our Help Center. Regards, Coinbase Support ref : XXXX : ref XXXX Coinbase www.coinbase.com | Help Center | User Agreement and Privacy Policy Sent : Friday, XX/XX/XXXX XXXX XXXX To : Coinbase Support Subject : Re : [ Reply ] Case # XXXX - Hacked By chance is there an update regarding my account and when I can get back in to assess damages myself, if any? Thanks, XXXX From : XXXX Sent : Monday, XX/XX/XXXX XXXX XXXX To : Coinbase Support Subject : Re : [ Reply ] Case # XXXX - Hacked Thank you From : Coinbase Support Sent : Monday, XX/XX/XXXX XXXX XXXX Subject : [ Reply ] Case # XXXX - Hacked Hi XXXX, Thanks for reaching out. Having investigated the issue, we are working with a specialist to address it properly. We will follow-up with you as soon as we have an update. Thank you for your patience. Kind regards, Coinbase Support ref : XXXX : ref

Company Response:

State: VA

Zip: 20111

Submitted Via: Web

Date Sent: 2021-06-04

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4432026

Date Received: 2021-06-04

Issue: Fraud or scam

Subissue:

Consumer Complaint: I TRANSFERRED XXXX TO COINBASE XXXX 0N XX/XX/2021 The money is missing before i sent the wire transfer from my bank they coinbase pro said it was safe all issues are resolved -- security i trusted them again no more

Company Response:

State: AK

Zip: 99705

Submitted Via: Web

Date Sent: 2021-06-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4431508

Date Received: 2021-06-04

Issue: Money was not available when promised

Subissue:

Consumer Complaint: My name is XXXX XXXX, email at XXXX In XX/XX/2021, I opened an account with Coinbase XXXX, a cryptocurrency exchange. I subsequently made an investment in cryptocurrency, totaling {$3000.00}. After a few weeks of watching the volatility of the cryptocurrency market and subsequent changes to my balance, I decided to sell my position and return my now lower balance of approximately {$2800.00}, back to my bank account. On XX/XX/2021, I followed the instructions provided by Coinbase to close my account and withdraw my balance. I converted my cryptocurrency back into fiat currency. I then tried to make a withdrawal and return my money to my bank account. However, the Coinbase software would not give me the option of returning the funds to my bank, but only allowed for a re-investment into another cryptocurrency in which I wasn't interested. Re-reading the Copinbase instructions, I understood that such a withdrawal could only occur after the closure of the investor 's account. So, I officially closed my account, thinking I was doing the right thing to get my funds. However, the closing of my account resulted in my inability to get access to my account, and most importantly, my funds. On XX/XX/2021, I began contacting Coinbase support for help. I opened a support case no. XXXX, as well as a formal complaint no. XXXX. Please read the email exchange I'm submitting. So far, they have not addressed my case and I'm asking for your assistance.

Company Response:

State: CA

Zip: 935XX

Submitted Via: Web

Date Sent: 2021-06-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4430771

Date Received: 2021-06-04

Issue: Other service problem

Subissue:

Consumer Complaint: On XX/XX/XXXX Coinbase disabled my account due to security reasons. I simply asked about a charge on my account that I totally forgot I made! The charge was for XXXX dollars. After asking about the charge coinbase automatically disabled my account without even investigating or anything!! This is totally not right when Ive got A LOT of money on there. Now here it is 19 business days and 25 total days that I havent had access to my account! This is a problem that I should be able to call coinbase talk to a live person and get this issue fixed within 30 minutes! Coinbase doesnt have a customer support team at all! There is no one to talk to ive only gotten generic emails back saying they are working on the issue and usually takes 4-5 business days to resolve. Ive emailed them at least 10 times and only get the same email back. Please please please help me in any way you can! That money I have on coinbase is a lot of my life savings.

Company Response:

State: NC

Zip: 28027

Submitted Via: Web

Date Sent: 2021-06-04

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4430312

Date Received: 2021-06-03

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: In XX/XX/2017 I opened coinbase ( https : //www.coinbase.com/ ) account to start investing in crypto currency. Then I submitted XXXX separate transactions for {$3000.00} each on XX/XX/XXXX and XX/XX/XXXX and only those XXXX transactions were authorized by me. Later I looked at the history of my account and there were XXXX transactions to coinbase account {$3000.00} each instead of XXXX! I went to XXXX XXXX Bank and cancelled these XXXX transactions. I never authorized the other XXXX transactions that coinbase shows took place in my account from XX/XX/XXXX to XX/XX/XXXX. To be clear, my XXXX XXXX account should have only had XXXX transactions for a total of {$6000.00} and I should have roughly XXXX litecoins. When the unauthorized incorrect transactions were reversed, only the unauthorized transactions should have been reversed. Looking at my account it seems my litecoins were taken from my account sold at the current market price on XX/XX/XXXX to recoup the loss on the unauthorized transactions initiated by coinbase and not me. I asked litecoin company XXXX litecoins be returned to my coinbase account. It is not my fault that coinbase wrongfully created additional transactions and it is not my liability. Instead of that they closed my account where now I see XXXX Litecoins remaining Instead of XXXX. I am upset at the way this business was conducted and seems completely fraudulent in nature. Please make an investigation.

Company Response:

State: CA

Zip: 949XX

Submitted Via: Web

Date Sent: 2021-06-03

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4429855

Date Received: 2021-06-04

Issue: Fraud or scam

Subissue:

Consumer Complaint: On XX/XX/21 my Coinbase account was hacked. I received an email that my password was changed, which I did not initiate. So I called the " customer service '' number, which was a recording asking if I'd like to lock my account. I did. I can not recieve emails from Coinbase, as it appears the hackers changed my email address associated with the account as well. So I opened another account with a new email address, filed a support claim and received a case #. I have emailed, send DMs on XXXX and XXXX, and heard nothing back, other than an email with instructions to protect my account, which I have no access too. My fear is that my identity information has been compromised, and that my funds are being stolen. There is no way to speak to anyone associated with this company. It is as if my money has just disappeared, and I am beyond XXXX out and emotionally distraught. I am being harassed by scammers as well, who are falsely claiming to work for Coinbase. This situation is a disaster and I am not being helped by anyone. I am desperate for help.

Company Response:

State: WA

Zip: 98034

Submitted Via: Web

Date Sent: 2021-06-04

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4428766

Date Received: 2021-06-03

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Ok so I opened this acct when bit coin was about XXXX a coin. Some one hacked the account. So when I logged in I saw that my acct went up tp XXXX dallars in bit coin and it was stolen a while ago. I can not access the account anymore cause they wont let me!!! I did not authorize or make this withdrawl and my acct was supposed to be locked! So it also told me that if I had not withdrawn the money, today, or at that time it would have been worth XXXX!!! So now they will not respond and im locked out of my acct. My user name is XXXX. Please help me with this issue.

Company Response:

State: FL

Zip: 334XX

Submitted Via: Web

Date Sent: 2021-06-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.