Money transfer, virtual currency, or money service -- Fraud or scam -- Complaint #4401959

Complaint Overview

Complaint ID: 4401959

Company: Coinbase, INC.

Product: Money transfer, virtual currency, or money service

Sub-Product: Virtual currency

Issue: Fraud or scam

State: Puerto Rico

ZIP Code: 00646

Date Received: 2021-05-24T12:00:00-05:00

Date Sent to Company: 2021-05-24T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I had a coinbase account to buy cryptocurrency. On XX/XX/XXXX, my account was hacked and i couldnt log in. I contact coinbase support and they help me out to have access to my account. So it took around 3 days to get access to my account. Once logged in i notice that my money was gone. Around XXXX $ in Bitcoin and XXXX currencies. Also, i had withdrawals from my bank account in XXXX XXXX for the amount of XXXX $ on XX/XX/XXXX. They bought more Bitcoin and then they transferred everything to another account. All my money is gone. I contact once again Coinbase support team and now they stop answering. Since the end of XXXX i havent got a response from Coinbase Support. I file a complaint with them and no answer.

Frequently Asked Questions

What is Complaint #4401959 about?

Complaint #4401959 was filed against Coinbase, INC. regarding Money transfer, virtual currency, or money service specifically about Fraud or scam. It was received by the CFPB on 2021-05-24T12:00:00-05:00.

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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