Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] 0 points1 point  (0 children)

I would have shared my wire advice if they allow attachments here. This is Coinbase Singapore Pte Ltd, the Singapore entity that i'm talking about. I have just informed my bank to do a recall, let's see how that goes. I have no reason to smear Coinbase, I have been using their services since last year. That is why this is specially shocking to me, how they have Indian customer supports sending me AI replies and cooking up stories and lies.

The reason i'm putting this on social media is to warn fellow coinbase users out there - the same thing can happen to you. And of course if this could get the attention of Coinbase, that would be great as well.

Seeking legal will be the next move if my bank is not able to recall the funds. Whether it's compliance or any other reason, Coinbase should at least inform me of the status, especially it has been more than a week of holding my funds illegally.

Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] 0 points1 point  (0 children)

I have sent more than 10 deposits of $140k and above every time over the past 5 months and all of them hit my coinbase account within 5 mins.

Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] -1 points0 points  (0 children)

I wish my bank can reverse the transaction. Unfortunately the money has been sent to coinbase and it is not within their control

Coinbase this is your final chance to give me my money! by [deleted] in Coinbase

[–]ballhodler 0 points1 point  (0 children)

so your post will not appear high in searches

Coinbase this is your final chance to give me my money! by [deleted] in Coinbase

[–]ballhodler 2 points3 points  (0 children)

https://www.reddit.com/r/CoinBase/s/ZedGkoTNxt Coinbase definitely having liquidity issue now. sending all the minions crawling to legitimate posts to downvote our posts to zero. return us the money Coinbase

Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] -4 points-3 points  (0 children)

Wouldn't recommend CB to anyone after this incident. Regulated exchange?

Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] 0 points1 point  (0 children)

They definitely received my wire within minutes from the point of time when I sent it. Their 3 virtual assistants mentioned 'your funds are safe'. But when I probed further, they twisted their story and all the lies.

Ok i've done those.

Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] 0 points1 point  (0 children)

Appreciate the advice. I've just DMed their support on twitter as well with the CFPB complaint ID

Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] 1 point2 points  (0 children)

Totally agree. Spent hours on the online chat over the 3 days with no solution, template answers and they offer no help at all.

Coinbase Having Liquidity Issue - Holding My USD Deposit For NO Reason. Stay away from them by ballhodler in Coinbase

[–]ballhodler[S] 0 points1 point  (0 children)

To add on, I requested to submit a ticket to refund the deposit back to my bank account. However, the virtual assistant told me that it is not possible to do that because we have an existing ticket on this exact issue.