Money transfer, virtual currency, or money service -- Confusing or missing disclosures -- Complaint #7162685

Complaint Overview

Complaint ID: 7162685

Company: Coinbase, INC.

Product: Money transfer, virtual currency, or money service

Sub-Product: Virtual currency

Issue: Confusing or missing disclosures

State: Illinois

ZIP Code: 60640

Date Received: 2023-06-24T12:00:00-05:00

Date Sent to Company: 2023-06-24T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I tried to transfer {$200.00} with Coinbase. This has resulted in a hold on my bank account and the funds are not available through them. I asked them to refund the Interchange fees. They refused and were quite degrading.

Frequently Asked Questions

What is Complaint #7162685 about?

Complaint #7162685 was filed against Coinbase, INC. regarding Money transfer, virtual currency, or money service specifically about Confusing or missing disclosures. It was received by the CFPB on 2023-06-24T12:00:00-05:00.

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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