When trying to withdraw my btc purchased on Coinbase to my cold wallet, as I have done many times in past years, and after carrying out all the appropriate verifications without any errors, Coinbase restricts my account for two months, without the possibility of appeal. They only let me sell the btc and get it in euros, assuming about 2000 euros of losses between spreads and commissions. They don't guarantee that the same thing won't happen again in two months. Can someone who has happened to me tell me how these things usually end? Is it worth waiting, at the risk of the block becoming indefinite or even no longer being able to withdraw it in euros, or do I assume the loss and close the Coinbase account, and sue them for the damages caused?
Posted by SpareAd6222
2 Comments
Thanks
I doubt they scammed you. What did you trade and in what currencies? Sounds like you hit a money laundering restriction.
Without you telling exactly what you did, it’s hard to say the reason. But it’s not a scam, that’s pretty sure.