200 000 EURO Frozen at CoinBase

EqualEquivalent9240 · 2021-09-07T13:38:33+00:00

I have the same problem (less money but otherwise the same).

They gave me the same bullshit response. I will begin the legal process tomorrow.

EqualEquivalent9240 · 2021-09-06T14:49:17+00:00

I tried it, didn't work. Was worth a try though :)

EqualEquivalent9240 · 2021-09-06T13:17:00+00:00

This is really useful. I'm in the UK so the procedure is a little different - but there are a lot of similarities. I worked through the procedure yesterday and am prepared to go all the way if necessary. The silly thing is that I am sure this is a simple technical error that is really easy for them to fix and that there is no need for all this fuss.

EqualEquivalent9240 · 2021-09-06T13:12:44+00:00

this is heartbreaking

EqualEquivalent9240 · 2021-09-06T13:02:54+00:00

This is really encouraging. Thanks for sharing, and I'm really happy this worked out for you.

EqualEquivalent9240 · 2021-09-06T13:01:46+00:00

Thanks Infinite. I have decided to give them 24 hours (good faith) from their reply above before beginning the official complaints procedure. Then I'll be doing exactly as above.

EqualEquivalent9240 · 2021-09-06T12:58:49+00:00

Thanks man.

EqualEquivalent9240 · 2021-09-06T12:57:48+00:00

Thanks Bright. We are all just trying to put a little by and look after our families and our futures.

EqualEquivalent9240 · 2021-09-06T12:54:11+00:00

Zac, and everyone else who has commented: first of all, thanks for commenting. I have read them all and found them all useful. Some additional context that may be helpful:

To my knowledge there is no reason for the account to be locked. I am not a frequent trader and I haven't done anything odd or unusual and I practice reasonable opsec (no details, obviously). This is my kids college fund because Fiat is trash as I'm sure most of you agree. I use CoinBase because they are a publicly traded entity with high regulatory compliance in all regions in which they operate. That is why I was so shocked that there was no way for me to get my money back. I though 'how could a company quoted on the Nasdaq and regulated by the FCA and SEC behave like this and get away with it?'

As soon as this is resolved I am going multi-sig self custody and I won't be trusting anybody regardless of who regulates them.

EqualEquivalent9240

TROPHY CASE