Money transfer, virtual currency, or money service -- Other transaction problem -- Complaint #11388804

Complaint Overview

Complaint ID: 11388804

Company: Coinbase, INC.

Product: Money transfer, virtual currency, or money service

Sub-Product: Virtual currency

Issue: Other transaction problem

State: Illinois

ZIP Code: 60005

Date Received: 2025-01-04T12:00:00-05:00

Date Sent to Company: 2025-01-04T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

On Friday, XX/XX/XXXX I received the below email from CoinBase ( CB ). When I checked my account, I could not find in any evidence that my account had increased by {$980.00} of USD. When I contacted CoinBase 's support, they asked me to verify the transaction. I told them that I made a transacton of near {$1000.00} USD on XX/XX/XXXX and after fees, assume that this was referencing the {$980.00} however CoinBase 's customer service was of no help. They asked for a copy of the email, which I provided but the customer service agent kept repeating himself. The agent 's name is " XXXX '' and we kept going in circles. It's unbelieveable to me, that CB, would send out such an email without having an acocunting of what it's referring to. I'd appreciate CFPB helping me get to the bottom of this.

Frequently Asked Questions

What is Complaint #11388804 about?

Complaint #11388804 was filed against Coinbase, INC. regarding Money transfer, virtual currency, or money service specifically about Other transaction problem. It was received by the CFPB on 2025-01-04T12:00:00-05:00.

How did Coinbase, INC. respond to this complaint?

The company responded with: "Closed with monetary relief". 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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