Coinbase class action lawsuit: Company accused of not safeguarding customer accounts

I had converted my cosmos crypto to the gyen stable coin. I have the email, receipts and screen shots. Gyen had been hot for the last 48 hours and I had a 3,830,000 gyen from the conversion. I tried to sell for USD to make a profit. It wouldn’t let me said do smaller amounts. So I tried to do half and convert back to cosmos.

• The suit alleges that Coinbase failed to safeguard customer accounts and took unreasonable measures such as freezing accounts when dealing with breaches.
• What I didn’t know was after I purchased a certificate to this mining pool using my Coinbase wallet I also agreed to a smart contract that gave these scammers full access to my Coinbase wallet.
• This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
• Lead plaintiffs, Cristian Kelly and Kenneth Thall, want to represent others who lost access to their Coinbase wallets.
• Never once did I give any information out to anyone or open a unsecured email.

This incident https://coinbreakingnews.info/ on March 3rd, 2022. I get a email stating there is nothing they can do. I filed a complaint with the Better Business Bureau today March 6, 2022. I would like to see justice for everyone that has been hacked and for Coinbase to be fully liable for their wrong doings. A small group of customers who were erroneously over-credited GYEN or POWR sent these digital assets off-platform and left no other assets on the Coinbase platform.

Trading platforms

The suit alleges that Coinbase failed to safeguard customer accounts and took unreasonable measures such as freezing accounts when dealing with breaches. JUP , the earliest of the new listing token, the price has not fluctuated much since it “went to zero” in 2019. NEST , in the prophecy machine category, where prices fell 90% in 2020 and cannot recover after a setback. According to the latest roadmap, Coinbase will list a large number of tokens in the second quarter of this year, of which 50 are clearly listed. The scale of the new token listing is large, but the quality is, as always, poor.

I called the rep and they literally said it locks money “randomly”. I just am in the process of loosing $32,000 in my wallet due to not finishing a HGT Lucky Event. I signed up for a $100k plan and I was not able to come up with the $68,000 balance. They now have frozen my account and if I don’t finish the event they will seize my money and donate it to a charity. I begged them to explain the if there were any consequences and they never told me this would happen. Coinbase users can store their cryptocurrencies in a digital “wallet,” as well as buy, sell, spend, and trade cryptocurrency.

What is the purpose of GYEN?

Also I’m extremely stressed unable to use or trade anything. Just waiting for the rest of my money to disappear. I hope I hear from you soon this can’t happen anymore. The is no customer service to get any help.

A lawsuit was filed last month in connection with GYEN’s withdrawal from the exchange in November. There was talk of users moving their crypto assets away from their Coinbase accounts to hardware wallets, or physical storage devices as a result. My coin base account was hacked and the hacker had access to my account.

SCREW COINBASE

Earlier this year, it had to quickly backtrack on launching its LEND product when the SEC threatened action against it. This caused Coinbase CEO Brian Armstrong to launch a tirade of conspiratorial accusations against the SEC on social media platform Twitter. ABT , an infrastructure dedicated to building interoperability between protocols, developed by an all-Chinese team. The price fell 95% in 2018 and has not recovered since, with no volatility even in the current bull market. HOPR , dedicated to privacy and security infrastructure construction, received $1 million in funding led by Coinan and AU21.

Customer support was not helpful and they did not compensate me back for my losses at all and in fact, they let the hacker PayPal account be attached to my account. It is heart braking that there is nothing that can be done to get our funds back. Looking for answers and support to file lawsuit to recover losses. Please let me know if you find someone the same happened to me and because is so little the lawyers doesn’t want to take my case. In a formal complaint, Coinbase not only refuses to give me back the about $200 in stolen cryptocurrency.

All the time and money wasted on waiting for the reboot are not something acceptable! CB earns big bucks every minute with fees and is okay to waste all of our time and no compensation. Huett said he bought about $75,000 worth of GYEN on Nov. 18 and 19, but at one point his balance showed 100 times more than he purchased.

I was locked out and everything was wiped out. The hacker even gain access to my bank account through the Coinbase link and tried to take an additional 4k. Luckily my bank stopped it, but now Coinbase says I owe them the funds for that transaction. When Coinbase unrestricted impacted customers’ accounts, GYEN was trading at approximately ¥0.98.

Terra-USTC fiasco’s domino effect continues to spiral in industry big-wigs as a class-action lawsuit was filed against Coinbase on Thursday. The lawsuit stated that the trading platform did not conduct due diligence before listing the TerraUSD Classic stablecoin. He said customers who made a killing and were able to transfer their crypto off the Coinbase platform before accounts were frozen don’t deserve to keep the money even though it was the company’s fault.

I coinbase delist gyen Coinbase about it and they didn’t reply instead they let the hacker sell everything there and transfer the money to his PayPal account. They even give him access to deposit money from my bank account. But they locked me out for months and I did not have any access to my account. I understand if it just happen to me but there are thousands of people where same thing happened to them. I proceeded to file a complaint with coinbase on October 11th and received a reply on October 18th stating that after review they had to decline my complaint and closed the case with no other explanation.

When I realized that something suspicious was happening, I froze all of my accounts and enrolled in Life Lock. I also asked Coinbase to lock my account until I could set up LifeLock and change all passwords. I have had a really hard time getting Coinbase to allow me to regain access to my account. On June 2, 2021, I had a balance of about $17,000.

About an hour later and alot of anxiety and stress. My account said 60usd because I had USD saved to use my Coinbase card at the store. Now the gyen coin has went below it’s listing price and I have lost all of my profits and now I’m down to 60.

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As a new crypto user I was unaware of the importance of a seed phrase at time of creation. Coinbase wallet allows users to “Save and do later” which is reckless in my opinion. I have over $120,000 in this wallet and I can monitor it via ETH scan so it wasn’t stolen, just inaccessible.