Money transfer, virtual currency, or money service -- Wrong amount charged or received -- Complaint #11276698

Complaint Overview

Complaint ID: 11276698

Company: Coinbase, INC.

Product: Money transfer, virtual currency, or money service

Sub-Product: Domestic (US) money transfer

Issue: Wrong amount charged or received

State: California

ZIP Code: 94110

Date Received: 2024-12-21T12:00:00-05:00

Date Sent to Company: 2024-12-23T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I initiated a single transfer on XX/XX/20 at XXXXXXXX XXXX in the amount of {$5000.00} from my personal checking account to my coinbase.com account. Later that day i received a message from my bank stating that overdrew my account and would be penalized. Upon further inspection, coinbase initiated XXXX withdrawals from my bank account both in the amount of {$5000.00}. Coinbase appears to have duplicated my request. After more than XXXX hours with their chat ( the only support option ), they refuse to investigate the issue and instead respond with canned/automated responses. My case number with them is XXXX.

Frequently Asked Questions

What is Complaint #11276698 about?

Complaint #11276698 was filed against Coinbase, INC. regarding Money transfer, virtual currency, or money service specifically about Wrong amount charged or received. It was received by the CFPB on 2024-12-21T12:00:00-05:00.

How did Coinbase, INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Money transfer, virtual currency, or money service) and describe your issue in detail.

Can I see other complaints against Coinbase, INC.?

Yes, visit the Coinbase, INC. company profile at readthecomplaint.com/company/coinbase-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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