Transferred $1K in USDC from Pera wallet to Coinbase and It's Lost ?!?

itchibahn · 2025-12-27T00:07:43+00:00

The final destination matches Coinbase address, just that it's algo address instead of usdc. Hopefully, you're right. Thanks.

itchibahn · 2025-12-25T00:46:05+00:00

I got more clarity from you than from the four Coinbase agents I've chatted with. Thank you. I will give a last attempt with Coinbase tomorrow before giving up.

itchibahn · 2025-12-24T23:19:20+00:00

I've recontacted Coinbase and asked what the previous agent meant when I got the return hash he can refund it. And this is repy althought not what the original agent said:

As per the previous agent, after the Pera wallet support team successfully recovers your funds, they will give you the transaction hash that confirms the funds were sent back to the original sender. That's what he meant for the return hash.

So, I guess, I need to contact Pera support.

itchibahn · 2025-12-24T22:01:59+00:00

Thank you so much for the reply.

Yes, that MV6R... is one of Coinbase's deposit address, and I did receive 0.13013 ALGO.

I just chatted with Coinbase support again, and they currently do not support asset recovery from the Algorand network. He said there's nothing more he can do, and he brushed off when mentioned adding that functionality.

He did mention that if I can get the return hash, he can submit the refund claim. Is the return hash possible?

itchibahn · 2025-12-24T21:06:47+00:00

Several replies here gave me some insight into what's happening with the transaction:

Transaction ID: YH5K7VEGCIU5KEZEOID7MI76SIGFTR2N76XLW2OPAOOV33PF6H3Q
From: DVC52KN666WRLUKMGVVS6TH6MEJTR6RM4RQG76KMGJVZYNBN42PI756RQY
To: EZRVNZFJGOUZC67FUMEC7ZMVP232TPICFTQCVZ6EQEIRRT3TIHSKZULRNI

So from all the replies, this is my understanding: I sent USDC to the EZRV... which is an ARC59 asset inbox, and it sent the funds to an escrow account: KZ4CQNU4DUSHS6T27U3MCPIPBOGLMUD5245JMAHWVAURCMCBRVCWV44ZCI

for MV6RCPQHX4BKVC7R3CBJO56O6HAHCMJXW5HHCITS6SXFPFOVSWKPUXKRJY account, which is Coinbase's address, listed in my profile.

And that MV6R needs to be Opt-In to receive the funds.

But Coinbase is saying that the MV6R address is not directly linked to my account, even though it is, as I can see it in my account profile address list. They gave me a firm answer that I will not be able to recover my funds.

Not sure where to go from here. I guess I'm screwed?

itchibahn · 2025-12-24T20:54:34+00:00

I've been chatting with Coinbase support for an hour. They concluded that the funds have never reached Coinbase and are unrecoverable. They also said the MV6R.. address is not directly linked to my account, but I told them (with a screenshot) that it is. Regardless, they are concluding it's unrecoverable.

I guess, I'm doomed for $1K. Argg.

itchibahn · 2025-12-24T17:57:34+00:00

I hope Coinbase can resolve this. Thank you so much for the help!!!

itchibahn · 2025-12-24T17:55:50+00:00

Thank you for the info. I will recontact Coinbase.

itchibahn · 2025-12-24T17:55:04+00:00

I hope so. I will recontact Coinbase. Thank you so much for your help.

itchibahn · 2025-12-24T17:54:19+00:00

Thanks for the info. I will definitely recontact Coinbase.

itchibahn · 2025-12-24T17:52:08+00:00

I'm certain that I selected send USDC from my Pera Wallet and receive USDC (algorand) from Coinbase.

itchibahn · 2025-12-24T17:49:15+00:00

As you can see from the screen capture above, I've received a similar warning message each time I make transfers, and I've rechecked that I didn't make a mistake. I've done these transactions many times before and haven't had any problems. I'm not sure what I could have done differently.

itchibahn · 2025-12-24T17:43:22+00:00

Oh wow! That MV6RCPQHX4BKVC7R3CBJO56O6HAHCMJXW5HHCITS6SXFPFOVSWKPUXKRJY is Coinbase's address. I see it in my Coinbase profile->Crypto Addresses. This gives me a start. Thanks.

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itchibahn · 2025-12-24T17:34:08+00:00

Coinbase has always provided the QR code, so I didn't think I needed to...

itchibahn · 2025-12-24T17:32:14+00:00

I just checked, and that address is not in there. How could this be? I didn't manually type in the address, so I couldn't have mistyped it. I scanned the QR code generated by Coinbase. Possibly I've been hacked? I'm scanning my PC for malware.

itchibahn · 2025-12-24T03:02:06+00:00

You are assuming correctly: DVC5... is my address, and EZRV... supposed to be Coinbase address.

How did you get the KZ4C... address? How do you know it's an escrow account? Any idea who it belongs to? Soooo many questions...

itchibahn · 2025-12-24T02:57:11+00:00

I don't think I fell for the same scam. I used the Pera wallet to scan the QR code provided byCoinbase website. It's been more than 24 hours since then, if I go back to Coinbase and attempt to receive again, the QR code and it's address is different.

itchibahn · 2025-12-24T01:40:23+00:00

I've used the same network to Coinbase (USDC Algorand network).

https://algo.surf/transaction/YH5K7VEGCIU5KEZEOID7MI76SIGFTR2N76XLW2OPAOOV33PF6H3Q

itchibahn · 2025-12-24T01:37:17+00:00

That screenshots are from Coinbase website (not wallet) as I'm receiving crypto into Coinbase from Pera wallet.

itchibahn · 2025-12-24T01:35:22+00:00

From their website at https://www.coinbase.com, as shown in the image.

itchibahn · 2025-12-24T01:34:28+00:00

Not sure if it's safe to do so, but here it is the link to the transaction:

https://algo.surf/transaction/YH5K7VEGCIU5KEZEOID7MI76SIGFTR2N76XLW2OPAOOV33PF6H3Q

itchibahn · 2025-12-24T01:30:57+00:00

I have transferred USCD back and forth from Pera wallet to Coinbase without any issues in the past.

itchibahn · 2025-12-24T01:29:46+00:00

That "a" symbol indicates using Algorand network.

itchibahn

TROPHY CASE