I’m basically never using CEX usually, I’m mostly p2p since years. But i’ve had quite a nice real estate deal and i needed to sell some BTC for USDT fast so I decided to use Coinbase, full KYC done, everything clean. The moment I deposited, funds got locked instantly, can’t trade, can’t withdraw, nothing.
It’s been 3 weeks now, support going in circles asking for proof of funds I just don’t have (old p2p coins from 2015/etc, while i provided as much documents as i have). Deadline is coming and I might lose the deal over this. Been reading over reddit and seems it happens a lot. Anyone managed to unlock in a similar situation? Should I que then? advices appreciated
How I lost $2M by simply using Coinbase
byu/Tchu_zee_bish inCryptoCurrency
Posted by Tchu_zee_bish
10 Comments
😂😂😂
Brutal. CEX support is a nightmare once they flag you. Try filing with CFPB or your local regulator sometimes that actually gets movement. Hope it works out.
Man that’s rough.
How much did you deposited?
Try upgrading to the paid support you can talk to real person
Begin a legal action immediately, they are just trying to get their hands onto your funds.
Not your keys, not your crypto. Stop using Coinbase and Base.
LET EVERYONE YOU KNOW to stay AWAY FROM COINBASE !
How do you have 2 million in deposits, but you don’t have a lawyer on call?
Smells like BS. So you’re saying you had $2M to deposit and instead of getting a lawyer (you should obviously be able to afford a good one) you go reddit instead to ask for advice lol