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Coinbase's silence on compliance case leaves user frustrated

Coinbase Users Frustrated | Compliance Delays Spark Anger

By

Carlos Gomez

Apr 26, 2025, 06:43 PM

Edited By

Raphael Nwosu

2 minutes to read

A person looking stressed while holding a phone, searching for help regarding their blocked Coinbase account, with a laptop open nearby showing the Coinbase website.
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Frustrated customers of Coinbase are voicing their concerns over increased compliance issues, with one individual revealing a troublesome case that has lingered without resolution for months. The lack of communication from the compliance team has left people feeling ignored, especially during a volatile market period.

Context of the Issue

A Coinbase user, citing case number #22870513, stated that his account has been blocked from selling crypto. Despite submitting all requested documentation and forms of ID, ongoing communication has become a challenge. "I've been going round in circles for months," he said. After escalating his case, a manager promised updates that never came.

Key Themes in User Concerns

  1. Lack of Communication: Several people emphasize that responses from the support team are inadequate.

  2. Desire for Quick Resolution: Users express urgency in needing access to their funds, with substantial potential losses due to account restrictions.

  3. Seeking Alternatives: Many suggest looking into different platforms since they feel unsupported in their current situation.

"The level of support is totally unacceptable," noted another user who echoed the sentiment about communication lapses.

One person suggested, "Get out of Coinbase and use another platform. You should be able to send your coins to another wallet." This advice reflects a broader frustration about not being able to access funds when needed most.

User Reactions

  • Users seek direct avenues for resolving their issues, mentioning attempts to reach support through various channels.

  • "Thank you for your understanding!" was a response from a support admin, but for many, this is interpreted as a lack of action.

  • Overall sentiment leans negative, underscoring a growing dissatisfaction with Coinbase’s customer service.

Key Insights

  • β–³ High tensions as users feel their financial safety is compromised by inaction.

  • β—‡ Users report months of delay in service and support, risking gains in a fluctuating market.

  • β€» "I want to get my money out dealing with Coinbase is taking its toll," highlights the emotional stress felt by individuals caught in the limbo.

With the crypto trading landscape as volatile as ever, users are left questioning the reliability of platforms like Coinbase amid these frustrating compliance hurdles.