Ask HN: Recourse with Coinbase inexplicably disabling and freezing account?
I've been running a bot that uses ML on Coinbase since February. I don't partake in any illegal activity. The bot is successful, and I have good 30-day trailing volume.
On June 26th I received an email from Coinbase Support:
https://pastebin.com/hfBvEwcV
They disabled my ability to transfer any of my funds and to trade. My money is locked in the platform!
I've responded to this message and had dead silence. After multiple attempts to reach out to their support, I received a message from them on July 12th (16 days after being locked!):
https://pastebin.com/TEQFCfEA
It's now ONE MONTH since the original email, and TWO WEEKS since they said they would follow up. I've made more support tickets and contacted their twitter accounts. I'm getting dead silence.
I thought Coinbase was the safe and mature platform for US traders to trade on? My money is locked in the platform and I haven't been notified why.
Do you guys have any advice?
UPDATE:
I called into their hotline (didn't realize I could call in) and made no progress. Their general support staff, and supervisor, were in the dark as to why the "specialist" had not finished reviewing my case. They didn't know when the "specialist" would be done nor why my account had been disabled in the first place.
They best they could do was send the "specialist" another email to ask how things were going -- but there will be no visibility on that to me.
16 comments
[ 2.9 ms ] story [ 16.6 ms ] threadI'm a US citizen inside of the US and I am verified.
I just called 10 minutes ago and got a general support staff on the phone and then later escalated to a support supervisor -- they said it is in the hands of the "specialist" and it is up to the "specialist" to review the case and fix my account. They could not give me any time update nor could they explain the situation.
So I'm still locked out of my money and in the dark as to why.
Had a similar problem, similar reaction to yours. I tried this and it fixed my problem instantly after 2 months watching at the market crashing... I saw a post on Reddit explaining that this trick was the only thing that worked.
It looks like https://www.reddit.com/r/CoinBase/ is being moderated by Coinbase employees, so posting there may or may not work...
Try the others like https://www.reddit.com/r/CryptoMarkets/ and/or https://www.reddit.com/r/cryptocurrency/
https://www.consumerfinance.gov/
I’ll contact you at whatever addrsss you use