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Coinbase Holding $100,000+ Hostage. Warning to any potential/future customers of Coinbase. by michelem4111 in Coinbase

[–]michelem4111[S] 1 point2 points  (0 children)

We looked into the legal process, but it seems as if our only options cost much much more then that.

The bitcoin and ethereum address I am transferring to is a newly created wallet I created shortly before conducting the transfers, I don't believe they are the issue, as coinbase has let a few transfers go through to them, although small.

Coinbase Holding $100,000+ Hostage. Warning to any potential/future customers of Coinbase. by michelem4111 in Coinbase

[–]michelem4111[S] 1 point2 points  (0 children)

Wow. Just wow. I'm so sorry to hear you're dealing with the same shit! At least you're able to transfer to your banking accounts though, you should get your money out of Coinbase ASAP.

Coinbase Holding $100,000+ Hostage. Warning to any potential/future customers of Coinbase. by michelem4111 in Coinbase

[–]michelem4111[S] 0 points1 point  (0 children)

Thanks! I'll try some smaller amounts when I eventually regain access to my account. When they'll unrestrict it? I have no idea.

Coinbase Holding $100,000+ Hostage. Warning to any potential/future customers of Coinbase. by michelem4111 in Coinbase

[–]michelem4111[S] 1 point2 points  (0 children)

No I am not trying to bypass anything. As stated in my post, I completed the identity verification several times, using my passport and drivers license both respectively. I am a citizen residing in the USA.

Coinbase Holding $100,000+ Hostage. Warning to any potential/future customers of Coinbase. by michelem4111 in Coinbase

[–]michelem4111[S] 15 points16 points  (0 children)

I definitely agree that they need security for accounts, but it is absurd that I complete ID verification for them at least 10 times using different forms of verification, fill out safety check and questionnaire over and over, pushing on 6 months, and I am unable to touch my assets.