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: 3553117

Date Received: 2020-03-03

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XXXX and XXXX XXXX my Coinbase account was hacked and money through it was siphoned to purchase unauthorised crypto currencies for XXXX $ I opened ticket with coinbase to immediately freeze the transactions on XXXX XXXX only but they never responded back. I opened another ticket with them after my money was gone from the bank to buy BTC in Coinbase to which they responded my account has been fronzen and any crypto transactions can not be reverted. Since then I have not heard another response back from them despite for mailing them several times, neither I can access my online account. The email id associated with the Coinbase was XXXX I want my access back and the unauthorized transactions to be reverted if any else the equal amount.

Company Response:

State: OH

Zip: 452XX

Submitted Via: Web

Date Sent: 2020-03-03

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3553017

Date Received: 2020-03-03

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

Subissue:

Consumer Complaint: Coinbase Support is Incompetent I requested my account be placed on security hold because I had experienced ID theft. The institution correctly placed the security protocol on my account. In my attempts to then regain access after replacing my SIM card and changing all my passwords, etc. The institution was consistently unresponsive ( multiple emails requesting assistance, refused to accept valid goverment photo ID, and continued to tell me I needed to wait to be contacted by email. On XX/XX/2020 i spoke to a supervisor and I was told I would be contacted to unlock my account and that I would need to provide a Drivers License. That I had no choice but to wait to be contacted by Coinbase. Unfortunately, Coinbase without contacting me disobeyed numerous internal security protocol and unlocked my account. Resulting in my funds being accessible without my knowledge or consent. Dont use Coinbase

Company Response:

State: WA

Zip: 992XX

Submitted Via: Web

Date Sent: 2020-03-03

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3553007

Date Received: 2020-03-03

Issue: Money was not available when promised

Subissue:

Consumer Complaint: On XX/XX/20 I tried accessing my account with Coinbase and could not. I created a ticket with them the same day. It is now XX/XX/20 and I have not been given access to my account..

Company Response:

State: FL

Zip: 32233

Submitted Via: Web

Date Sent: 2020-03-03

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3551594

Date Received: 2020-03-02

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

Subissue:

Consumer Complaint: I I froze my account because I thought someone was trying to hack the account. I have provided verification of my identity by scanning my license and my face but I have not been allowed to access account. No one ever answers my calls. They ask you to go to on line support but nothing is done to contact me. It sure looks like I am being scammed out of my money. XXXX XXXX XXXX

Company Response:

State: NC

Zip: 289XX

Submitted Via: Web

Date Sent: 2020-03-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3551152

Date Received: 2020-03-02

Issue: Fraud or scam

Subissue:

Consumer Complaint: COINBASEs transfer to a FRAUD SCAM Brokers : XXXX XXXX / XXXX XXXX / XXXX XXXX. I would like to bring your attention to a serious issue I have with COINBASE that first took place on the XXXX of XX/XX/XXXX. I have been victimized by a multilayered scam operation orchestrated by XXXX XXXX / XXXX XXXX / XXXX XXXX - the Companies. The funds were transferred utilizing COINBASE 's services in the total amount of XXXX GBP! I would also like to point out that on the XXXX of XX/XX/XXXX - I filed a dispute with COINBASE.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2020-03-02

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3545762

Date Received: 2020-02-26

Issue: Fraud or scam

Subissue:

Consumer Complaint: COINBASEs transfer to a FRAUD SCAM Brokers : XXXX. I would like to bring your attention to a serious issue I have with COINBASE that first took place at the beginning of XX/XX/XXXX. I have been victimized by a multilayered scam operation orchestrated by XXXX - the Company. The funds were transferred utilizing COINBASE 's services in the total amount of XXXX EUR! I would also like to point out that on the XX/XX/XXXXXX/XX/XXXX - I filed a dispute with COINBASE.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2020-02-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3537750

Date Received: 2020-02-19

Issue: Other transaction problem

Subissue:

Consumer Complaint: On XX/XX/XXXX around XXXX EST I lost the cell signal on my phone. When I got a hold of other phone to call my provider XXXX they told me that someone changed sim card number. I realized my sim card was hijacked. Hackers then gained control of my cell # and text messages. They used that access to change my email password and then got control of my coinbase account credentials and change all the info required to log in such as email address and phone # - all of it. When calling coinbase support - my original phone # or email is not recognized no more and thus I couldn't reach anyone to talk with. I submitted several tickets on their website, but still havent heard anything back. I tried calling coinbase from other phone number-finally reached some representative who said I still need to communicate via email in this matter. I have a recorded conversation with an agent. After getting my phone number back I immediately changed passwords and froze my credit. Called local police and filed a report. Also reports had been filed with FTC and FBI But this morning XX/XX/2020 I saw several money transfer from my checking account to coinbase.com initiated on the XX/XX/XXXX. It's been 5 days and I still can't get any response from Coinbase.

Company Response:

State: GA

Zip: 30040

Submitted Via: Web

Date Sent: 2020-02-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3537559

Date Received: 2020-02-20

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XX/XX/2020 I tried by all means to withdraw from the coinbase.com wallet the value of {$110.00} in bitcoins, which have been impossible to withdraw, because a legend appears that my account is already restricted. On no previous occasion I had problems, but now the account is restricted so I can't withdraw my money. I have communicated with the official support, and they told me that there is no support for the area where I live, I just have to solve they problem all by myself. Then they sent me another email telling me that the case was closed, and I still can't withdraw my money from the wallet. To be clear, I have all my documents verified by the company, and I am enabled to deposit and withdraw cryptocurrencies in my wallet. I have all the verifications in 2 steps, code by mail, code by phone number and fingerprint, and still I can not withdraw my money. I will be thankful if you can help me with this problem.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2020-02-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3537414

Date Received: 2020-02-19

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: on XX/XX/2020 I initiated a deposit INTO Coinbase from my bank account. My bank statement says : - {$200.00} to merchant COINBASE. When I go on the app it seems there is no history of me depositing the money nor has it arrived yet. Every time I try to open a case they close it immediately.

Company Response:

State: CA

Zip: 94116

Submitted Via: Web

Date Sent: 2020-02-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3532970

Date Received: 2020-02-15

Issue: Fraud or scam

Subissue:

Consumer Complaint: Coinbase transfer to a FRAUD SCAM Brokers : XXXX I would like to bring your attention to a serious issue I have with Coinbase wires that first took place on XXXX of XX/XX/2019. I have been victimized by a multilayered scam operation orchestrated by XXXX. The funds were transferred utilizing Coinbase 's services in the total amount of XXXX GBP! I would also like to point out that on XXXX of XX/XX/2019 - I filed a dispute with Coinbase.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2020-02-15

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.