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Coinbase is facing scrutiny as users report widespread account lock-ups, with many experiencing delays, frozen withdrawals, and restricted access to their funds. This situation has been attributed to compliance measures related to regulatory initiatives, including Choke Point 2.0. Some users speculate that the restrictions are a tactic to manage potential issues, while others express concern over the lack of transparency and recourse from the platform. The situation has raised questions about Coinbase's business practices, particularly regarding how it handles account restrictions and user funds. As discussions continue, there are calls for investigations into these practices, especially in light of the upcoming changes in government leadership.
Despite passing due diligence Coinbase has refused to list $DAG I'm sure multiple tokens have the same story and come January 20th @realDonaldTrump Administration and the new Congress should put an open investigation into the dirty practices of listings End Choke Point 3.0 https://t.co/VySvGgBJEn
coinbase is now trying to community note my post about their egregious business practices 😂😂 it's not going to work guys you can't lock people's assets for no reason, offer no recourse, and expect no backlash very shady business being run by @coinbase
Fun Fact: There’s no legitimate reason for Coinbase to suddenly restrict and freeze your account, and then later magically unfreeze it for compliance purposes. Sending in additional documentation is a stalling tactic. If there was truly a problem with your account, it would…