Coinbase Support is facing criticism from users who claim restricted access to their accounts. While Coinbase attributed the restrictions to prolonged inactivity and FUD concerns, users have commented that their accounts have been frozen for extended periods. Coinbase acknowledged a rise in account activity and fraudulent attempts, leading to restrictions, but the crypto community disputes this explanation. Complaints from users have flooded Coinbase's posts, highlighting customer dissatisfaction. In addition to these issues, Coinbase recently closed its operations in Turkey and suffered a $6.5 million loss from a phishing scam. Despite these challenges, Coinbase has experienced financial success in 2024 and its layer-2 network, Base, has achieved notable milestones.
- Content Editor ( beincrypto.com )
- 2024-12-09
Coinbase Faces Intense Backlash Over Account Restrictions Claims