Money transfer, virtual currency, or money service -- Confusing or missing disclosures -- Complaint #5668288

Complaint Overview

Complaint ID: 5668288

Company: Payward Ventures INC. DBA Kraken

Product: Money transfer, virtual currency, or money service

Sub-Product: International money transfer

Issue: Confusing or missing disclosures

ZIP Code: XXXXX

Date Received: 2022-06-14T12:00:00-05:00

Date Sent to Company: 2022-06-14T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Both my wife and I have a cryptocurrency wallet in the company XXXX. In both cases, we process withdrawals, requesting and transferring the funds to our respective accounts. The money has never arrived. We have made several claims and they only give us the answer that they are investigating the amounts. XXXX dollars for mine and XXXX dollars for my wife, the company does not give any answer and they only answer that they are investigating

Frequently Asked Questions

What is Complaint #5668288 about?

Complaint #5668288 was filed against Payward Ventures INC. DBA Kraken regarding Money transfer, virtual currency, or money service specifically about Confusing or missing disclosures. It was received by the CFPB on 2022-06-14T12:00:00-05:00.

How did Payward Ventures INC. DBA Kraken 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 Payward Ventures INC. DBA Kraken?

Yes, visit the Payward Ventures INC. DBA Kraken company profile at readthecomplaint.com/company/payward-ventures-inc-dba-kraken 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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