Money transfer, virtual currency, or money service -- Other transaction problem -- Complaint #4603854

Complaint Overview

Complaint ID: 4603854

Company: Coinbase, INC.

Product: Money transfer, virtual currency, or money service

Sub-Product: Virtual currency

Issue: Other transaction problem

State: New York

ZIP Code: 105XX

Date Received: 2021-08-04T12:00:00-05:00

Date Sent to Company: 2021-08-04T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I temporarily locked my Coinbase account due to fraudulent activity that has since been resolved. Its been 2 months Ive been trying to contact Coinbase to no avail. They say they are still reviewing the issue. They have over $ XXXX of my money and theres nothing I can do about it. Im at their mercy.

Frequently Asked Questions

What is Complaint #4603854 about?

Complaint #4603854 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 2021-08-04T12:00:00-05:00.

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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