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.
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David Duong cited research showing 6.51 million BTC at risk, with address reuse responsible for 70% of vulnerable coins.
The post Coinbase Research Chief Warns 33% of Bitcoin Supply Faces Quantum Risk appeared first on Coinspeaker.
Coinbase (COIN) stock price jumped 8% after Goldman Sachs upgraded the stock to “buy,” citing stronger long-term growth prospects.
The post Coinbase (COIN) Stock Jumps 8% on Goldman Sachs Upgrade, What’s Next? appeared first on Coinspeaker.
Coinbase CEO Brian Armstrong outlined plans to expand beyond crypto in 2026, offering stocks, commodities, and prediction markets.
The post Armstrong Aims to Make Coinbase the “Everything Exchange” in 2026 appeared first on Coinspeaker.
Investors searching for the best crypto to buy now for massive profits in 2026 turn to DeepSnitch AI. Coinbase’s CEO says Bitcoin keeps the USD reserve in check.
As China plans to offer interest on its digital yuan, a Coinbase executive warns that U.S. legislation banning stablecoin yield could hand a critical advantage to global competitors.
The post Coinbase Warns: Digital Dollar Policy Risks Losing Ground to e-CNY appeared first on Coinspeaker.
Coinbase CEO Brian Armstrong argued that Bitcoin ultimately strengthens the US dollar by acting as a market-based constraint on fiscal and monetary excess, framing the asset as a “check and balance” that could help the US retain reserve-currency credibility.
Coinbase CEO Brian Armstrong said a former customer service agent was arrested in India, months after hackers bribed support staff to gain access to sensitive customer information at the largest U.S.-based crypto exchange.