CoinBase freezing accounts, is that real?

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CoinBase freezing accounts, is that real?

I saw a lot of news about users complaining that CB is blocking their account without a reason, and I was wondering if is actually true or of they do it because of possible illicit activities going on, I have a ledger and a CB account, and I’m considering moving everything on my ledger to avoid this issue, I just DCA and use CB CC, no trading or anything, do I need to be concern or I’m just paranoid?

Bianka Travis Answered question May 14, 2024
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Yeah. I’m on the Coinbase Discord channel, and it’s mostly user error.

There is possibly a small percent of innocent customers who are getting locked out because they receive funds from other addresses who got flagged.

Bianka Travis Answered question May 14, 2024
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