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: 4194672

Date Received: 2021-03-08

Issue: Other service problem

Subissue:

Consumer Complaint: On XX/XX/2021 I emailed Coinbase, as they have no way of contacting them by phone, which I find unfair, and strange. I need them to fix this problem for me ASAP. I used to have an old account with the company, which I've since deleted. I now have a new account that I use. However, I need access to the XXXX file of all of transactions that took place on the old account emailed to me. Or, a merge of both accounts so that all transactions become accessible on the new account I use.

Company Response:

State: FL

Zip: 33433

Submitted Via: Web

Date Sent: 2021-03-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4192924

Date Received: 2021-03-08

Issue: Fraud or scam

Subissue:

Consumer Complaint: I did a password reset from my laptop to access my account on XX/XX/XXXX. It said it didn't recognize my laptop or phone I'm using as a registered device. I submitted a ticket on XX/XX/XXXX and an auto response said 4-5 days to review. I haven't had any response since even on XXXX and XXXX. There is no customer support to talk to. Currently I have over XXXX in the account and I need to access account for taxes. This is very stressful. Please help, thank you

Company Response:

State: IA

Zip: 50131

Submitted Via: Web

Date Sent: 2021-03-08

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4192837

Date Received: 2021-03-08

Issue: Other transaction problem

Subissue:

Consumer Complaint: This is regarding my Coinbase account. My cell phone was stolen and as a result I had to switch to a new cellphone however maintaining the same phone number. As Coinbase uses an authenticator application to verify ( which was in my old cell phone ) I can no longer access my own account. After repeated contact with Coinbase help desk I only receive emails that someone is looking into it, but no results. Surely there has to be a company policy in how to deal with a stolen cellphone issue like mine and resolve that quickly. Please help XXXX XXXX

Company Response:

State: CA

Zip: 91342

Submitted Via: Web

Date Sent: 2021-03-08

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4192576

Date Received: 2021-03-08

Issue: Other transaction problem

Subissue:

Consumer Complaint: On XX/XX/21 my coin base account was hacked for a second time. I tried all the measure needed by contacting coin base, resetting my account password and and waiting for a email. I try to reach out to coin base several times since this incident happen. I received a email stating that someone would reposed to me in 4 to 5 days ( twice ) and I have not received any email of any support team. The last email I received from them stated that this account was closed but no one had even contacted me to get this issue resolved completely. This has been going on for 32days an I am ready to discontinue my services with coin base but no one has even sent me a email or confirmation to get back into my account to do so. I do have shares on coin base worth 300 if not more at this time. This has been extremely frustrating and I would like to get this over with and use a reliable company.

Company Response:

State: AZ

Zip: 85021

Submitted Via: Web

Date Sent: 2021-03-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4191740

Date Received: 2021-03-07

Issue: Money was not available when promised

Subissue:

Consumer Complaint: Hello I would like to submit a complaint against XXXX for the mismanagement of my funds I have sent them several emails that my cryptocurrency is frozen with the issue " verification is still processing, check back in a couple of minuets '' this has been like this for 4 weeks since the XXXX of XXXX I have received one email from them about the complaint and they have replied that the closed the ticket and it has been sorted when in fact it has not.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-03-07

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4190904

Date Received: 2021-03-07

Issue: Fraud or scam

Subissue:

Consumer Complaint: The scam/fraud, I believe, starts with a XXXX hack and linked to Coinbase. The odd thing is how did they get past two-factor authentication ( 2FA ). The other thing not explained by Coinbase is that I noticed the hack on the same day and within hours of the hack and immediately locked my account. It seems also odd that when I sold an asset the process took not hours but certainly more than a day for it to clear the funds. Of course, I do not hear from Coinbase after locking my account and submitting a notice to Coinbase via their online help form and telephone request to lock the account. As of now, I have no access to my account or any meaningful info from Coinbase. Date of Hack : XXXX XX/XX/2021 Amount app {$24000.00} of ETH on Coinbase Notice given was XXXX XX/XX/2021 and account locked. No response but an email saying they will look at the account that is locked but no word from Coinbase.

Company Response:

State: TX

Zip: 770XX

Submitted Via: Web

Date Sent: 2021-03-07

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4190737

Date Received: 2021-03-07

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On 3 different dates BTC ( bitcoins ) were removed from my account without my doing to 3 different wallet addresses listed below I did not send funds to this address XXXX Nor did I send it to this address XXXX Nor did I send it to this address XXXX The response from Coin base is the following Thank you for contacting Coinbase Support. Our team is working hard to answer customer inquiries in a timely manner, but you may experience longer response times. If you need a quick answer to your question, please visit our Help Center for more information and help. This was on XX/XX/2020 Case Number XXXX Case Number XXXX

Company Response:

State: CT

Zip: 065XX

Submitted Via: Web

Date Sent: 2021-03-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4189842

Date Received: 2021-03-07

Issue: Other service problem

Subissue:

Consumer Complaint: To Whom It May Concern, I set up an account with Coinbase either at the end of XXXX or the beginning of XXXX. At the time, I was working/living in XXXX playing professional hockey. I used my XXXX ID to set up the account and everything was all good. Then, I retired from playing hockey and came back to the U.S. I basically forgot about the account until just recently, but now, I can no longer access my account due to two reasons. First, the XXXX app that I used to access the account was on my old phone and no longer works when trying to log into my account. Second, when I try to recover my account, I can not because my current ID is from the U.S. The automated process that verifies someone's identity recognizes that I am who I say, but the ID is not from the country where the account was set up. So, on XX/XX/XXXX, I opened up a customer service inquiry with the website and got several automated responses, but nothing from a live human. There has been some back-and-forth and finally they said they were reviewing my case after I sent them some additional information. They said it would take 48-72 hours on XX/XX/XXXX and I haven't heard anything since. I have opened two other cases to resolve the issue and I would get one or several automated responses and then they just ghost me after that. I don't have a ton of money in the account, but I would like the ability to be able to access my money that I put into the account years ago. I do find it hilarious that this company is going public soon and at a $ XXXX valuation. They don't even have a telephone number where customers can talk to an actual human being. I have been going through their email process for weeks at this point and I am getting nowhere. Thank you very much for your time. XXXX XXXX

Company Response:

State: CO

Zip: 80127

Submitted Via: Web

Date Sent: 2021-03-07

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4189518

Date Received: 2021-03-06

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Coinbase withdrew money from me on XX/XX/2021 through means of ACH Fraud without my authorization. They were probably hacked on their end. I can not access my coinbase account to login and validate or verify any transaction history somehow. The amount taken without my authorization was {$2700.00} USD. I want my XXXX MONEY BACK NOW! I last logged into my coinbase account on XX/XX/XXXX and somehow money was transferred from my XXXX bank account without my authorization into coinbase on XX/XX/2021. I of course am no longer able to access my coinbase account. I called your phone numbers to report fraud and can not get a human being and used your so called unlocking system to try to regain access to this account which has my personal bank information and am unsuccessful.

Company Response:

State: CA

Zip: 92646

Submitted Via: Web

Date Sent: 2021-03-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4188738

Date Received: 2021-03-06

Issue: Wrong amount charged or received

Subissue:

Consumer Complaint: XXXX money or cryptocurrency in my Coinbase account for a transaction already reversed by bank. On XX/XX/21 a {$3700.00} deposit which was meant to be a withdraw. XX/XX/21 a {$790.00} deposit which was meant to be a withdraw. Both were stopped by bank. But Coinbase is saying i owe them this money. Account is disabled as well.

Company Response:

State: CA

Zip: 90403

Submitted Via: Web

Date Sent: 2021-03-06

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.