Even so, the SEC has received a growing number of complaints regarding this company, which is rather worrisome.
Mounting Complaints About Coinbase
While many people put their faith in the Coinbase trading platform, some users are regretting doing so.
Most of those complaints have been filed with the SEC, which has already received over 200 pages of negative comments, documentation, and so forth.
Moreover, Coinbase has a bit of a checkered history when it comes to quickly dealing with customer issues.
For the time being, it seems the SEC complaints will not have a direct impact on Coinbase or its users.
Coinbase is one of the largest cryptocurrency trading platforms to date. It is accessible in many countries and is quickly expanding its presence. Even so, the SEC has received a growing number of complaints regarding this company, which is rather worrisome.
Coinbase may have bitten off more than it can chew. Today, June 22nd, 134 pages of complaints filed to the SEC and the California Department of Business Oversight against Coinbase have been acquired and published by Mashable.
Coinbase want to become the worlds biggest and best cryptocurrency exchange. This is hardly surprising as I am sure every cryptocurrency exchange would want to achieve that accolade. Either way, we are seeing reports today that discuss how Coinbase has had a number of complaints filed against it in the United States, complaints that now looking to be engaging the involvement of the US Securities and Exchange Commission (SEC).
Information has recently emerged that shows 134 pages of complaints against Coinbase filed with the SEC. They show a disturbing pattern of Coinbase not returning investors’ funds, and general mismanagement.
A great number of Coinbase users sent countless reports to the Securities and Exchange Commission, complaining that they had lost their funds.
The post SEC Reveals 164 Page Document of Coinbase Customer Complaints appeared first on CoinSpeaker.
Coinbase is working with PNC Bank to provide clients secure, direct Bitcoin ($BTC) trading access to simplify crypto use within traditional banking services.
PNC Bank becomes the first major US banking institution to offer direct Bitcoin trading to qualified clients through a Coinbase partnership, eliminating the need for separate exchange accounts.
The post PNC Bank Launches Direct Bitcoin Trading via Coinbase Crypto-as-a-Service appeared first on Coinspeaker.
Coinbase saw a significant drop on Monday, closing at $263.95 per share — a 7.06% decline — and continued to slide in pre-market trading early Tuesday.
The board approved the move on Oct. 29, with 78.4% of voting power consenting to shift from Delaware to Texas.
The post Coinbase Reincorporates in Texas Following Tesla’s Delaware Exit appeared first on Coinspeaker.
Coinbase Business launches in Singapore for startups and SMEs. The platform allows USDC payments, enabling instant settlement with lower transaction costs. Coinbase Business was launched in partnership with Standard Chartered, supporting SGD transfers and APIs.
Delysium has partnered with t54.ai to integrate x402secure.com into the YKILY Network, enabling direct agent-to-agent payments using Coinbase’s x402 protocol.