I don't know if Coinbase traders make money after this glitch? If they bought those coins recently before the glitch it could trigger a stop limit or sell their coins at a higher price?
It seems that users are the ones who will pay these errors, and therefore it is strange that the platform remained silent in previous cases, and may be silent now.I have read in a previous case (Coinbase customers demand refunds over GYEN stablecoin glitch[1]) that the transactions at that moment have been frozen for several hours and therefore all losses in those moments will be borne by the user.
As for other losses, the company must bear them, but in some previous cases, no one get refunded.
will quote some comments:
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"The coin skyrocketed, somehow it went up to $151,309 in my account. As anyone would say, holy s---. I thought I need to get his out of here immediately because at any point it could drop back to nothing," he said.
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They held my money ransom for two weeks. I could have invested in other coins and had potential gains," Fleming said. "They need to give some solid, concrete answers, and they need to refund every single person who invested in this and lost money."
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"Once [Coinbase] realized they had made a mistake, they locked everyone else to protect themselves," Peacock said. "My real investment was my real investment."
Read more and source ---> https://www.cnbc.com/2021/12/08/coinbase-customers-demand-refunds-over-gyen-stablecoin-glitch.html
[1] https://www.cnbc.com/2021/12/08/coinbase-customers-demand-refunds-over-gyen-stablecoin-glitch.html
