Pages:
Author

Topic: Coinbase just scammed me of 10k usd? - page 3. (Read 3209 times)

full member
Activity: 166
Merit: 100
May 24, 2016, 02:15:08 PM
#16
What a joke I don't know what to do. I am not sure what happens if I file a dispute and coinbase trys to argue.
legendary
Activity: 1442
Merit: 1016
May 24, 2016, 12:43:16 PM
#15
This looks like trouble is coming!
Never undestood why people used this company to buy bitcoins.
All that crazy KYC/AML and these stupid questions they ask.They are bank!A shitty crypto bank!!
There are several other companies or possibilities to buy BTC.Even on a larger scale!

Don't you think there is a reason why Coinbase did a rebrand to GDAX?
I'm sure they aren't making any money! And the switch to altcoin trading might be one of their last chances to make a trun in the right direction.
There was a reason why Armstrong was shilling so strong for the classic hardfork which would have definitely be in his companies' favour.
Be careful when you use them.And don't store any significant amount of coins on their platform!!!!!
hero member
Activity: 700
Merit: 520
May 24, 2016, 12:25:23 PM
#14
I have been going back and forth with coinbase for the last 2 weeks trying to buy more BTC. They claimed my orders were being blocked by my bank, which I dealt with and resolved. Anyway last week two separate charges of 5k each were pulled from my bank account with zero BTC give to me. So my bank wasn't the one blocking the charges and Coinbase just decided to take my money.

I received an automated response that I should get a refund within 3-4 days. After dealing with the extremely unhelpful customer service guy, Alex I was told today to check back in with him in 10 business days. What does that even mean? 10 business days from when? How can they just decide to hold on to $10,000 and leave me hanging? I am shocked a business can act this dishonest to a customer of several years. What can I do here? I can't afford to just lose $10,000

Damn! Are u serious? If that's true please contact ur lawyer immediately.

~CfA~
legendary
Activity: 1596
Merit: 1026
May 24, 2016, 12:17:57 PM
#13
How is this even legal? A company can just decide to hold my money for no reason at all? Or lie about it taking 10 business days? Do I have any recourse here?
Recourse?  Are you kidding?  There is a very good chance that money is gone forever.  Coinbase is pulling a Mt Gox these days.  More and more money is getting stuck in the cracks.  They have no more money to pay employees and some are now working for 'free'.  I think it is soon over for them.  If you can, get your money out now.  When this started happening at MtGox people didn't listen and lost everything.   Don't let that happen to you.
legendary
Activity: 929
Merit: 1000
May 24, 2016, 12:16:01 PM
#12
hero member
Activity: 1106
Merit: 521
May 24, 2016, 12:08:15 PM
#11
I doubt very much that you have been scammed !!!  More than likely the money is in banking limbo which happens often, i would guess that the money will turn up eventually and you will get your bitcoin.  This is the problem with companies like coinbase, they can do what they want with your money once you let them.  Next time use a differant service for buying bitcoin and please dont ever keep your bitcoin with coinbase because then it isnt actually your bitcoin its theirs and they can then stop you using that to.   Grin
full member
Activity: 166
Merit: 100
May 24, 2016, 12:03:10 PM
#10
... my orders were being blocked by my bank, which I dealt with and resolved.

Your bank blocked payments to Coinbase and that probably makes you look like a scammer. I am no fan of Coinbase, but your problem was caused by you or your bank, and not Coinbase. Furthermore, whether you like it or not, refunds are slow because the banking system is slow.



I don't disagree with that at all. If the payments flagged as suspicious thats fine then they shouldn't  be pushed through. And if Coinbase thinks I am doing Fraud or scamming after 3 years of being a customer then they should just block my account instead of play games with me. Two payments for 5k each did go through. I was told they would be refunded in 3-4 business days but now I have been told 10 business days (from when?). So Ironically it is now Coinbase scamming me not vice versa. Just deciding to hold onto my funds is not honest business.

legendary
Activity: 4466
Merit: 3391
May 24, 2016, 11:53:28 AM
#9
... my orders were being blocked by my bank, which I dealt with and resolved.

Your bank blocked payments to Coinbase and that probably makes you look like a scammer. I am no fan of Coinbase, but your problem was caused by you or your bank, and not Coinbase. Furthermore, whether you like it or not, refunds are slow because the banking system is slow.

legendary
Activity: 1848
Merit: 1000
May 24, 2016, 11:33:39 AM
#8
This really doesn't look good for Coinbase, I have seen far too many people complaining about them and these dodgy happenings, could this be an indication of something major happening and perhaps time to start shifting elsewhere?

I hope you get your money back quicker than 10 days, it is shockng how they think it's okay to just take money and hold onto it.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
May 24, 2016, 11:29:38 AM
#7
If there were a single company that could be labeled the most evil and destructive to what Bitcoin represents, it would be Coinbase.

i choose Mtgox.
legendary
Activity: 1672
Merit: 1010
May 24, 2016, 11:26:03 AM
#6
Sounds like this might be related

http://themerkle.com/coinbase-will-have-to-refund-double-charged-customers/
COINBASE DOUBLE-CHARGE WITHOUT EXPLANATION

TheMerkle_Coinbase Double-Charge

A new topic surfaced on Reddit yesterday, explaining how Coinbase has apparently double-charged a few customers. One particular batch of transactions seems to be affected by this issue, and all platform users are advised to keep an eye on their bank statement. If this double-charge took place, they should file for a refund immediately, assuming that hasn’t already happened.

full member
Activity: 238
Merit: 100
May 24, 2016, 11:24:45 AM
#5
This looks like it won't be the last type of story we will hear like this one.
News feeds are currently running rampant with coinbase cheating their customers with unauthorized withdraws from their bank accounts.
legendary
Activity: 1470
Merit: 1004
May 24, 2016, 11:24:29 AM
#4
I have been going back and forth with coinbase for the last 2 weeks trying to buy more BTC. They claimed my orders were being blocked by my bank, which I dealt with and resolved. Anyway last week two separate charges of 5k each were pulled from my bank account with zero BTC give to me. So my bank wasn't the one blocking the charges and Coinbase just decided to take my money.

I received an automated response that I should get a refund within 3-4 days. After dealing with the extremely unhelpful customer service guy, Alex I was told today to check back in with him in 10 business days. What does that even mean? 10 business days from when? How can they just decide to hold on to $10,000 and leave me hanging? I am shocked a business can act this dishonest to a customer of several years. What can I do here? I can't afford to just lose $10,000


see: https://bitcointalksearch.org/topic/coinbase-hacked-1483525
full member
Activity: 166
Merit: 100
May 24, 2016, 11:21:00 AM
#3
How is this even legal? A company can just decide to hold my money for no reason at all? Or lie about it taking 10 business days? Do I have any recourse here?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
May 24, 2016, 11:19:13 AM
#2
If there were a single company that could be labeled the most evil and destructive to what Bitcoin represents, it would be Coinbase.
full member
Activity: 166
Merit: 100
May 24, 2016, 11:17:51 AM
#1
I have been going back and forth with coinbase for the last 2 weeks trying to buy more BTC. They claimed my orders were being blocked by my bank, which I dealt with and resolved. Anyway last week two separate charges of 5k each were pulled from my bank account with zero BTC give to me. So my bank wasn't the one blocking the charges and Coinbase just decided to take my money.

I received an automated response that I should get a refund within 3-4 days. After dealing with the extremely unhelpful customer service guy, Alex I was told today to check back in with him in 10 business days. What does that even mean? 10 business days from when? How can they just decide to hold on to $10,000 and leave me hanging? I am shocked a business can act this dishonest to a customer of several years. What can I do here? I can't afford to just lose $10,000
Pages:
Jump to: